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Multi-Suite Office Campus
For Lease
$15 SF/Yr

1139 Tanbark Road, Lexington, KY 40515

Commercial Lease, Lexington, KY

Space Size11,600 SF
Lot Size5.17 Acres
Days on Market320

Property Features for 1139 Tanbark Road

General Information

Property type Commercial Lease
Property subtype Office
Rooms Basement
Basement Exterior Entry, Finished, Walk-Up Access, Walk-Out Access
Subdivision Tanbark
Directions MOW to Tates Creek, left on Shagbark Ln., left on Tanbark Rd.
Standard status Active
APN 20012070
Size 1 SF
Lot size 5.17 Acres

Utilities

Utilities Cable Available

Amenities

soaring ceilings
large loft area
formal reception room
mezzanine with fireplace
full kitchen
private entrances
shared parking
green space

Building Details

Year built 1976
Listing Agency: Berkshire Hathaway de Movellan Properties
Listed By: Eric Cole · License #203804
Added: Nov 11, 2025 Changed: Sep 12 Last Checked: Sep 27 at 5:06PM
MLS# 25505937

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 office property offers up to 11,600+/- square feet within the Twin Pines Christian Church campus. The first floor includes high ceilings, a loft area, reception space, a mezzanine with fireplace, full kitchen, private offices, and classroom-style rooms. Separate entrances support flexible occupancy, while shared parking serves staff and visitors. Space may be leased in varying amounts to suit different operational needs.

Located near Tates Creek Road and Man O' War Boulevard in Lexington, the property sits on 5.17 acres and includes green space for outdoor events. Potential uses identified for the space include professional offices, counseling or therapy practices, educational programs, daycares, fitness studios, and religious gatherings. The building was constructed in 1976, and cable is available.

Key Highlights

  • Up to 11,600+/- square feet of office space
  • 5.17‑acre campus with green space for outdoor events
  • Private entrances and shared parking

Property Analytics

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Current Use

Twin Pines Christian ... Church IMPG church Church

Suggested Use

Top Pick Law Firm Spa & Massage Center Restaurant Hair Salon Building Supply 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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

584
Businesses Nearby

Demographics for 40515, KY

36,244
Population
16,031
Households
2.3
Avg Household Size
38
Median Age
53%
College-Educated
96%
High-School Grad
55.3 sq mi
ZIP Area
655
Density / Sq Mi
$83,782
Median Household Income
$43,127
Median Earnings
$1,234
Median Rent
$317,400
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 35% below 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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office suites include private entrances, shared parking, and classroom-style rooms.
Where is this office units located?
The property is located at 1139 Tanbark Road Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Up to 11,600+/- square feet of office space; 5.17‑acre campus with green space for outdoor events; Private entrances and shared parking
More about this property
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