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Ground-Level Office Suite
For Lease
$12.50 SF/Yr

120 E Reynolds Rd, Lexington, KY 40517

First-floor workspace in an established professional building with convenient client access and on-site parking.

Space Size1,450 SF
Days on Market49

Property Features for 120 E Reynolds Rd

General Information

Standard status Active
Size 1,450 SF
Net Rentable 1,450 SF
Total Parking Spaces 12
Property subtype Office
Zoning P-1
Lease Type NNN

Space & Availability

Available Space 1,450 SF
Contiguous Space 1,450 SF
Floor 1
Space Use Office
Sublease No

Lease Terms

Lease Rate $12.50 /USD/SF/YR
Monthly Rent $1,510
Rent per SF/Year $12.50

Site & Location

Highway Access Yes
Road Access Yes

Amenities

On-site parking
Power
Water
Sewer
Natural Gas
12 Parking Spaces

Building Details

Tenancy Multi

Spaces For Lease

at 120 E Reynolds Rd Contact us

Available Space $12.50/Mo

Contact us
Listing Agency: The Gibson Company
Listed By: James Powell · License #KY 57836
Source: Kcrea.resimplifi
Added: Jul 13 Changed: Aug 29 Last Checked: Aug 29 at 11:48PM

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 The Gibson Company

Investment Insights

Based on property information with market context.

This first-floor office suite is located within an established multi-tenant professional building and provides ground-level entry without stairs or an elevator. The layout is positioned for professional services, administrative operations, financial services, or medical-adjacent use, including practices that regularly meet with clients.

The property is at 120 E Reynolds Rd in south Lexington, just off the Nicholasville Road (US-27) corridor and near Man O' War Boulevard and New Circle Rd. Fayette Mall, banking, restaurants, and retail amenities are minutes away, while on-site parking supports visitors and staff.

Key Highlights

  • First‑floor office suite with ground‑level entry and no stairs or elevator needed
  • Located in an established multi‑tenant professional building
  • P‑1 zoning

Property Analytics

Current Use

GoPrime Mortgage, Inc. Loan Service Acupuncture-Integrative Medicine Medical Clinic Lexington Tattoo Removal Tattoo & Piercing Shop Willa, Nutrition & Lactation ... Consultant Dr. Doina M. ... Medical Clinic

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Parking Lot & Garage Electrical Service Storage Facility

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,348
Businesses Nearby

Demographics for 40517, KY

37,751
Population
18,306
Households
2.1
Avg Household Size
33
Median Age
41%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
6,089
Density / Sq Mi
$51,778
Median Household Income
$35,010
Median Earnings
$1,092
Median Rent
$196,300
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$24.25 /SF/Yr
Avg Asking Price
$1.68–$136 /SF/Yr
Price Range
9,638 SF
Avg Space Size

This space is priced 48% below the average of $24.25 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - First-floor workspace in an established professional building with convenient client access and on-site parking.
Where is this office units located?
The property is located at 120 E Reynolds Rd Lexington, KY.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: First‑floor office suite with ground‑level entry and no stairs or elevator needed; Located in an established multi‑tenant professional building; P‑1 zoning
More about this property
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