Office Units with Two
For Lease
$17 SF/Yr
1040 Monarch St Unit 120, Lexington, KY 40513
Configured office space includes private rooms, collaborative areas, meeting space, and dedicated support rooms.
Space SizeContact for details
Days on Market19
Property Features for 1040 Monarch St Unit 120
General Information
Standard status
Active
Space & Availability
Space Use
Office
Private Offices
6
Meeting Rooms
1
Amenities
reception area
kitchenette
storage/file room
IT server room
Building Details
Year Built
2001
Listing Agency:
The Gibson Company
(859) 312-3598
Listed By:
Ernie B Arnold
Source:
Meliarealty
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 29 at 12:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gibson Company
Investment Insights
Based on property information with market context.
This office unit at 1040 Monarch St Unit 120 is arranged with two entrances, a reception area, six offices, and a central open area. The layout also includes a large conference room, kitchenette, storage and file room, and a dedicated IT server room. The property was built in 2001 and offers 22,752 square feet of office space.
Key Highlights
- Two entrances, including a main entry with reception area
- Six private offices and a large central open area
- Large conference room for meetings and presentations
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,702
Businesses Nearby
Explore this area
Business Placement
Demographics for 40513, KY
11,244
Population
4,734
Households
2.4
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
14.7 sq mi
ZIP Area
765
Density / Sq Mi
$126,642
Median Household Income
$76,503
Median Earnings
$1,413
Median Rent
$448,100
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$24.25 /SF/Yr
Avg Asking Price
$1.68–$136 /SF/Yr
Price Range
9,638 SF
Avg Space Size
This space is priced 30% below the average of $24.25 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Configured office space includes private rooms, collaborative areas, meeting space, and dedicated support rooms.
Where is this office units located?
The property is located at 1040 Monarch St Unit 120 Lexington, KY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Two entrances, including a main entry with reception area; Six private offices and a large central open area; Large conference room for meetings and presentations
