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Executive Office Unit
For Lease
$403/Mo

1055 Dove Run Road, Lexington, KY 40502

Commercial Lease, Lexington, KY

Space SizeContact for details
Lot Size0.52 Acres
Days on Market47

Property Features for 1055 Dove Run Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning description P-1 Professional Office
Parking 35
Directions This property is conveniently located in the Southeast corridor of Lexington, on Dove Run Road off of Tates Creek Road. The property is close in proximity to Lansdowne Shoppes.
Subdivision 002 - Fayette County NE
Standard status Active
APN 13995750-207
Size 161 SF
Lot size 0.52 Acres

Amenities

shared kitchenette
shared conference room
directory signage
24/7 access
parking lot

Building Details

Year built 1972
Floors in Building 2
Listing Agency: Block + Lot Homes
Listed By: Lauren Cambron · License #78932
Added: Aug 11 Changed: Sep 17 Last Checked: Sep 26 at 1:06PM
MLS# 26021756

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Suite 207 is a 161-square-foot individual office within a two-story, multi-tenant office building at 1055 Dove Run Road. The windowed suite is on the second floor of a building containing twelve small office units, with shared access to a conference room and kitchenette. Tenants have 24/7 building access, directory signage is provided on the first floor, and the property is professionally managed under a gross lease structure.

The building is anchored by Concentra Urgent Treatment Center and sits off Tates Creek Road, inside New Circle Road, across from the Lansdowne Shoppes. Tenant parking includes a 28-space lot plus 2 additional handicap spaces. The property was built in 1972 and is located in Lexington, Kentucky.

Key Highlights

  • 161‑square‑foot individual office with window
  • Second‑floor office building includes twelve small office units
  • Shared conference room and kitchenette access

Property Analytics

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Current Use

Julie Allen Physician Mind Growing Counseling Counselor Dr. Janice L. ... Physician Donna Farmer Physician Wise & Associates Law Firm

Suggested Use

Top Pick Hair Salon Building Supply Law Firm Spa & Massage Center Nail Salon Auto Repair Shop

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

Multi-tenant
Tenancy
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 40502, KY

26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$23.21 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,788 SF
Avg Space Size

This space is priced 29% above the average of $23.21 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Small office suite with natural light, shared conference space, kitchenette access, and around-the-clock building entry.
Where is this office units located?
The property is located at 1055 Dove Run Road Lexington, KY.
What is the lease rate?
The lease rate is $403/Mo.
What are key features of this property?
This property features: 161‑square‑foot individual office with window; Second‑floor office building includes twelve small office units; Shared conference room and kitchenette access
More about this property
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