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First-Floor Office Unit
For Lease
$4,134/Mo

114120 114-120 N Upper St Unit 110, Lexington, KY 40507

Office suite with separate entrances, a reception area, five offices, and a kitchenette.

Space SizeContact for details
Days on Market9

Property Features for 114120 114-120 N Upper St Unit 110

General Information

Standard status Active

Building Details

Year Built 1885
Listing Agency: CMI Properties
Listed By: Cheryl Moss Johnston · License #41670
Source: Sellkentucky
Added: Aug 24 Changed: Aug 29 Last Checked: Aug 31 at 7:14PM

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

Investment Insights

Based on property information with market context.

The first-floor office unit at 114-120 N. Upper Street, Unit 110, provides a practical layout for professional operations. Separate front and rear entrances serve the space, which includes a spacious waiting area with a receptionist area, five large offices, and a small kitchenette.

Located in downtown Lexington, the property is part of an 1885-built building with a total property size of 14,737 SF. Four parking spaces are available for lease, providing an additional option for occupants at this office location.

Key Highlights

  • First‑floor office unit at 114‑120 N. Upper Street, Unit 110
  • Separate front and rear entrances
  • Spacious waiting area with receptionist area

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher

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
$0.51 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

910
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

$23.19 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
22,476 SF
Avg Space Size

This space is priced 85% below the average of $23.19 /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 - Office suite with separate entrances, a reception area, five offices, and a kitchenette.
Where is this office units located?
The property is located at 114120 114-120 N Upper St Unit 110 Lexington, KY.
What is the lease rate?
The lease rate is $4,134/Mo.
What are key features of this property?
This property features: First‑floor office unit at 114‑120 N. Upper Street, Unit 110; Separate front and rear entrances; Spacious waiting area with receptionist area
More about this property
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