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Third-Floor Office Condo
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1040 Monarch St Suite 300, Lexington, KY 40513

Professional office suite with private rooms and open workspace in a multi-area configuration.

Property Size7,584 SF
Days on Market145

Property Features for 1040 Monarch St Suite 300

General Information

Standard status Active
Size 7,584 SF
Property subtype Office

Additional Details

Floor 3
Highway Access Yes
Listing Agency: SVN | Stone Commercial Real Estate
Listed By: Wade Haga · License #KY 223094
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:43PM

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 SVN | Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

The third-floor office condominium at 1040 Monarch St., Suite 300, provides 7,584 square feet configured for professional office use. The interior combines private offices with open work areas, giving the suite a mix of enclosed and collaborative workspace within one contiguous floor.

The property is located just off New Circle Road in Lexington, with proximity to the University of Kentucky, Bluegrass Airport, and downtown Lexington. The offering includes the entire third-floor office condo, supporting users seeking a dedicated office environment within Beaumont Centre.

Key Highlights

  • 7,584‑square‑foot third‑floor office condominium
  • Private offices combined with open work areas
  • Configured for professional office use

Property Analytics

Current Use

SITEK, INC. (Bike/Boat/Book/etc) Store Palmer Engineering Engineer Clark Dietz, Inc. Engineering Consultant JK Roofing and Construction ... Roofing Company Travel Visa Pro Travel Agency

Suggested Use

Top Pick Auto Repair Shop Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,702
Businesses Nearby

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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Professional office suite with private rooms and open workspace in a multi-area configuration.
Where is this office units located?
The property is located at 1040 Monarch St Suite 300 Lexington, KY.
What are key features of this property?
This property features: 7,584‑square‑foot third‑floor office condominium; Private offices combined with open work areas; Configured for professional office use
(859) 264-0888 Call to check price and availability
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