Updated Office
For Lease
$495/Mo
120 Kentucky Avenue #20, Lexington, KY 40502
The office is offered under a gross lease with no CAM fees.
Space SizeContact for details
Property Size500 SF
Days on Market617
Property Features for 120 Kentucky Avenue #20
General Information
Standard status
Active
Size
500 SF
Total Parking Spaces
55
Zoning
P-1
Lease Type
Gross
Site & Location
Neighborhood
Aylesford Place Neighborhood Association
Additional Details
Space Use
Office
Amenities
updated facilities
beautifully landscaped grounds
on-site management
free parking
monument signage
building signage
Building Details
Building Size
500 SF
Year Built
1977
Listing Agency:
Turf Town Properties
(859) 268-4663
Listed By:
J. Richard Queen · License #198662
(859) 221-3616
Source:
Bluegrasspropertiesgroup
Added: Feb 28, 2025
Changed: Nov 4
Last Checked: Nov 6 at 12:45AM
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 Turf Town Properties
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Investment Insights
Based on property information with market context.
This 500-square-foot office unit has updated facilities and is located in a building constructed in 1977. The property is zoned P-1 and includes landscaped grounds, on-site management, and free parking. Building and monument signage are available. The lease is structured as gross, with no CAM fees.
The property is in Lexington’s Ashland Park/Woodland Park area, with convenient access to downtown, the University of Kentucky, and Chevy Chase.
The property is in Lexington’s Ashland Park/Woodland Park area, with convenient access to downtown, the University of Kentucky, and Chevy Chase.
Key Highlights
- 500‑square‑foot office unit
- P‑1 zoning
- Gross lease with no CAM fees
Property Analytics
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Open Analytics
Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
2,432
Businesses Nearby
Explore this area
Business Placement
Demographics for 40502, KY
26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
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Market
Lease Benchmarks for Lexington, KY
$23.9 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,487 SF
Avg Space Size
This space is priced 50% below the average of $23.9 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The office is offered under a gross lease with no CAM fees.
Where is this office unit located?
The property is located at 120 Kentucky Avenue #20 Lexington, KY.
What is the lease rate?
The lease rate is $495/Mo.
What are key features of this property?
This property features: 500‑square‑foot office unit; P‑1 zoning; Gross lease with no CAM fees
