Renovated Office
For Lease
$20.50 SF/Yr Modified Gross
1050 Monarch St, Lexington, KY 40513
Professional suites offer private offices, conference rooms, kitchenettes, and included utilities.
Space Size1,735 SF - 3,950 SF
Days on Market175
Property Features for 1050 Monarch St
General Information
Standard status
Active
Size
1,735 SF - 3,950 SF
Net Rentable
3,950 SF
Property subtype
Other
Zoning
P-1
Lease Type
Modified Gross
Space & Availability
Available Space
1,735-3,950 SF
Contiguous Space
3,950 SF
Divisible
Yes
Space Use
Office
Condition
Move-in Ready
Sublease
No
Amenities
Monument signage
Water
Sewer
Building Details
Year Built
2001
Spaces For Lease
at 1050 Monarch St Contact usAvailable Space $20.50/Mo
Contact us
Listing Agency:
SVN Stone Commercial Real Estate
(859) 285-2202
Listed By:
Wade Haga · License #223094
(859) 285-2202
Source:
Kcrea.resimplifi
Added: Mar 9
Changed: Aug 28
Last Checked: Aug 29 at 5:48AM
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.
This renovated office offering provides 3,950 RSF with a layout that can be divided into 1,735 RSF and 2,215 RSF suites. The space includes private offices, conference rooms, kitchenettes, an in-suite restroom, corner offices, and extensive window lines. Additional common restrooms are available on the floor, while luxury vinyl plank flooring has been installed throughout. The property is zoned P-1, and the building was constructed in 2001.
The office is at 1050 Monarch St in Lexington, just off New Circle Road. It is positioned near the University of Kentucky, Bluegrass Airport, and downtown Lexington. Monument signage is included, and the lease structure includes utilities and CAM charges. Existing floor occupants include a wealth advisory firm and a psychology practice.
The office is at 1050 Monarch St in Lexington, just off New Circle Road. It is positioned near the University of Kentucky, Bluegrass Airport, and downtown Lexington. Monument signage is included, and the lease structure includes utilities and CAM charges. Existing floor occupants include a wealth advisory firm and a psychology practice.
Key Highlights
- 3,950 RSF office suite divisible into 1,735 RSF and 2,215 RSF suites
- Private offices, conference rooms, kitchenettes, and an in‑suite private restroom
- Utilities and CAM included under a gross lease structure
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.07 /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 15% 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 - Professional suites offer private offices, conference rooms, kitchenettes, and included utilities.
Where is this office units located?
The property is located at 1050 Monarch St Lexington, KY.
What is the lease rate?
The lease rate is $20.50 SF/Yr.
What are key features of this property?
This property features: 3,950 RSF office suite divisible into 1,735 RSF and 2,215 RSF suites; Private offices, conference rooms, kitchenettes, and an in‑suite private restroom; Utilities and CAM included under a gross lease structure
