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Two-Level Office Unit

110 Dennis Drive, Lexington, KY 40503

For Lease
$2,250/Mo

Vacant office space offers a mix of private rooms, shared work areas, and flexible lower-level space.

Space SizeContact for details
Property Size2,500 SF
Days on Market690

Property Features for 110 Dennis Drive

General Information

Standard status Active
Size 2,500 SF
Total Parking Spaces 20
Zoning P-1

Space & Availability

Space Use Office
Available From Immediate
Private Offices 4
Meeting Rooms 1

Site & Location

Neighborhood Deerfield Comm Assoc Inc

Amenities

off-street parking
covered patio
deck with seating
handicap ramp
storage
kitchenette
sound studio rooms

Building Details

Building Size 2,500 SF
Year Built 1960
Buildings 1
Stories 1
Listing Agency: Top Ten Realty
Listed By: Jon Travis T Emnett
Source: Bluegrasspropertiesgroup
Added: Dec 20, 2024 Changed: Nov 4 Last Checked: Nov 9 at 12:56AM

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 Top Ten Realty

Rey
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Investment Insights

Based on property information with market context.

This vacant office property in Lexington is arranged across two levels. The main floor includes three private offices, a conference room, reception and waiting space, a secretary area, and full and half bathrooms. The lower level adds a multipurpose room, reception area with kitchenette, separate office, half bath, six cubicles that may remain or be removed, and unfinished storage. Each level also has a room built for sound studio use or quiet office work. The building dates to 1960 and is zoned P-1.

The main level measures approximately 1,250 square feet. The lower level has about 1,100 square feet of finished area and 150 square feet of storage. Entry is available from both levels, with off-street parking. Exterior features include a covered concrete patio at the entrance, a rear deck with built-in seating, and an accessibility ramp.

Key Highlights

  • Two‑level layout with approximately 1,250 square feet on the main floor
  • Lower floor includes about 1,100 square feet of finished area and 150 square feet of storage
  • Three main‑floor offices, conference room, reception area, and full and half bathrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Therapy Specialist Network/Amanda ... Physician Wmjr Radio Station Emily Stanley Physician Top Ten Realty Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Nursing Home

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

NNN (Triple Net)
Lease Type
$1.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,885
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$25 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
13,313 SF
Avg Space Size

This space is priced 57% below the average of $25 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Lexington, KY

$28.13 Jul
$23.2 Aug
$23.2 Sep
$23.36 Oct

Properties on Market for Office Units in Lexington

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Vacant office space offers a mix of private rooms, shared work areas, and flexible lower-level space.
Where is this office unit located?
The property is located at 110 Dennis Drive Lexington, KY.
What is the lease rate?
The lease rate is $2,250/Mo.
What are key features of this property?
This property features: Two‑level layout with approximately 1,250 square feet on the main floor; Lower floor includes about 1,100 square feet of finished area and 150 square feet of storage; Three main‑floor offices, conference room, reception area, and full and half bathrooms
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