Remodeled Second-Floor Office
For Lease
$12-$12.50 SF/Yr Modified Gross
111 St James Court, Frankfort, KY 40601
COMMERCIAL - Frankfort, KY
Space Size2,964 SF
Property Size8,832 SF
Lot Size3.70 Acres
Days on Market98
Property Features for 111 St James Court
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
Zoned CL - Commercial
Parking features
Open
Subdivision
Commercial
Directions
Prime location at southeast quadrant of I-64 and Lawrenceburg Road (US 127)
Standard status
Active
APN
051-00-00-048.01
Size
2,964 SF
Lot size
3.70 Acres
Utilities
Heating system
Forced Air
Cooling system
Electric
Building Details
Year built
1990
Floors in Building
1
Listing Agency:
Marshall Lane Real Estate - Lexington
(502) 682-1226
Listed By:
Alyssa Ryan
(859) 221-6833
Added: May 22
Changed: Aug 4
Last Checked: Aug 27 at 8:06AM
MLS# 26011939
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.
Remodeled second-floor office space totaling 2,964 SF within a freestanding building of approximately 8,832 SF. The building sits on approximately 3.7 AC and was built in 1990. The space is heated with forced air and cooled with electric systems. Parking is available in an open lot configuration.
The property is located in the southeast quadrant of I-64 and Lawrenceburg Road (US 127) at Exit 53A, with traffic counts of approximately +/-48,162 cars per day. The lease structure is identified as Modified Gross with a 3-year lease term.
The second-floor layout is positioned for office users seeking access to a high-traffic interstate corridor and established road frontage along US 127.
The property is located in the southeast quadrant of I-64 and Lawrenceburg Road (US 127) at Exit 53A, with traffic counts of approximately +/-48,162 cars per day. The lease structure is identified as Modified Gross with a 3-year lease term.
The second-floor layout is positioned for office users seeking access to a high-traffic interstate corridor and established road frontage along US 127.
Key Highlights
- Remodeled second‑floor office space totaling 2,964 SF
- Freestanding building of +/-8,832 SF on +/-3.7 AC
- Located at I‑64 and Lawrenceburg Road (US 127), Exit 53A with +/-48,162 VPD
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 40601, KY
52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value
Market
Lease Benchmarks for Frankfort, KY
$12.4 /SF/Yr
Avg Asking Price
$5.63–$16.76 /SF/Yr
Price Range
3,954 SF
Avg Space Size
This space is priced 1% below the average of $12.4 /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 - Second-floor office space in a remodeled freestanding building on I-64 and US 127 with forced air heating and electric cooling.
Where is this office units located?
The property is located at 111 St James Court Frankfort, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Remodeled second‑floor office space totaling 2,964 SF; Freestanding building of +/-8,832 SF on +/-3.7 AC; Located at I‑64 and Lawrenceburg Road (US 127), Exit 53A with +/-48,162 VPD
