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Professional Office Suite with Reception
For Lease
$1,700/Mo

1120 #1 US Hwy 127 S Road, Frankfort, KY 40601

COMMERCIAL - Frankfort, KY

Space SizeContact for details
Lot Size0.50 Acres
Days on Market225

Property Features for 1120 #1 US Hwy 127 S Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Professional office
Parking 4
Parking features Open
Subdivision Westgate
Directions On the corner of US 127 S and Springhill Dr. across the street from Community Trust Bank and Thai Smile.
Standard status Active
APN 049-40-05-001.00
Size 1,217 SF
Lot size 0.50 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Heat Pump (Heating)
Cooling system Electric, Heat Pump, Central Air

Amenities

small kitchen
locked security drop off

Building Details

Floors in Building 1
Listing Agency: Gatewood & Associates Realty Co
Listed By: Dottie Gatewood
Added: Jan 12 Changed: Aug 4 Last Checked: Aug 25 at 2:06AM
MLS# 26000891

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.

This professional office suite is described as “like new” and includes three private offices plus one large reception area. A small kitchen is also part of the interior layout. Parking is available at the door for convenient daily access.

The property is located at 1120 #1 US Hwy 127 S Road in Frankfort, Kentucky, in Franklin County. The listing also notes a locked security drop-off, adding an additional layer of secure handling for deliveries or guest services.

The configuration is well suited for professional services that need distinct client and staff spaces, such as an office-based team operating from a central reception area. With parking right at the building and a reception space designed to handle visitors, the suite supports everyday workflow for small offices seeking a turnkey, move-in-ready environment.

Key Highlights

  • Professional office with 3 private offices and a large reception area
  • Includes a small kitchen and a locked security drop‑off
  • Parking at the door with open parking

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$2.51 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby

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

$11.86 /SF/Yr
Avg Asking Price
$5.63–$16.76 /SF/Yr
Price Range
4,139 SF
Avg Space Size

This space is priced 41% above the average of $11.86 /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 - Well-maintained office suite with three private offices, a large reception area, and a small kitchen.
Where is this office units located?
The property is located at 1120 #1 US Hwy 127 S Road Frankfort, KY.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: Professional office with 3 private offices and a large reception area; Includes a small kitchen and a locked security drop‑off; Parking at the door with open parking
More about this property
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