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Office Suite with Five Offices
For Lease
$20 SF/Yr

114-120 N Upper Street 110, Lexington, KY 40507

A first-floor layout includes distinct front and rear access, a reception area, and a kitchenette.

Space SizeContact for details
Property Size14,737 SF
Days on Market366

Property Features for 114-120 N Upper Street 110

General Information

Standard status Active
Size 14,737 SF
Total Parking Spaces 4
Property subtype Office

Space & Availability

Floor 1
Space Use Office
Private Offices 5

Lease Terms

Lease Rate $20 /SF/YR
Rent per SF/Year $20

Site & Location

Neighborhood Gratz Park Assoc

Building Details

Building Size 14,737 SF
Year Built 1885
Listing Agency: CMI Properties
Listed By: Cheryl Moss Johnston · License #41670
Source: Horseandhomeestates
Added: Oct 28, 2025 Changed: Oct 26 Last Checked: Oct 26 at 3:17PM

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 CMI Properties

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This first-floor office suite is arranged with a waiting area and reception space, five offices, and a small kitchenette. Separate entrances at the front and rear provide two points of access.

The property is in downtown Lexington, with four parking spaces available for lease. Built in 1885.

Key Highlights

  • Five offices plus a waiting and reception area
  • Separate entrances at the front and rear
  • Small kitchenette within the suite

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Fish Market Mobile Phone Store Pet Store Electrical Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,626
Businesses Nearby

Demographics for 40507, KY

2,043
Population
1,765
Households
1.2
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
5,108
Density / Sq Mi
$34,543
Median Household Income
$40,826
Median Earnings
$642
Median Rent
$391,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$24.18 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
15,584 SF
Avg Space Size

This space is priced 17% below the average of $24.18 /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

Frequently Asked Questions

What type of property is this?
Office unit - A first-floor layout includes distinct front and rear access, a reception area, and a kitchenette.
Where is this office unit located?
The property is located at 114-120 N Upper Street 110 Lexington, KY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Five offices plus a waiting and reception area; Separate entrances at the front and rear; Small kitchenette within the suite
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