Retail Space in Office
For Lease
$35 SF/Yr
120 West Main Street, Lexington, KY 40507
First-floor commercial space offers a retail and office configuration within a high-visibility downtown setting.
Space Size1,273 SF
Property Size216,088 SF
Days on Market99
Property Features for 120 West Main Street
General Information
Standard status
Active
Size
1,273 SF
Net Rentable
1,273 SF
Class
A
Total Parking Spaces
700
Property subtype
Retail
Lease Term
$35 SF/month (MG)
Space & Availability
Available Space
1,273 SF
Contiguous Space
1,273 SF
Floor
1
Space Use
Office
Building Details
Building Size
216,088 SF
Year Built
2019
Tenancy
Multi
Spaces For Lease
at 120 West Main Street
City Center
$35/SF/Mo
Size
1,273 SF
Term
Negotiable
Listing Agency:
White Oak Commercial Real Estate, LLC
Listed By:
Gordy Hoagland, CCIM · License #217910
(502) 387-1734
Source:
Whiteoakcre
Added: Jul 10
Changed: Oct 4
Last Checked: Oct 16 at 6:30AM
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 White Oak Commercial Real Estate, LLC
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.
The first floor of the City Center Office Building includes 1,273 SF of retail and office space at 120 W Main St. The 2019 property is part of City Center, which contains 154,984 SF of Class A office space and 15 luxury penthouse condos. The suite is adjacent to Starbucks, Marriott, Residence Inn, Italx, and Jeff Ruby’s Steakhouse.
The property is positioned near Rupp Arena, the Central Bank Convention Center, Lexington Opera House, City Hall, the Police Headquarters, and multiple hotels and dining destinations. Nearby City Center hotels include the 218-room Marriott and 119-room Residence Inn. Customers have access to tenant-validated parking in a 700-space underground garage. Rupp Arena drew 788,000+ visitors across 167 events during 2024–2025, while the Central Bank Convention Center hosted 255 events with 173,630+ attendees during the same period.
The property is positioned near Rupp Arena, the Central Bank Convention Center, Lexington Opera House, City Hall, the Police Headquarters, and multiple hotels and dining destinations. Nearby City Center hotels include the 218-room Marriott and 119-room Residence Inn. Customers have access to tenant-validated parking in a 700-space underground garage. Rupp Arena drew 788,000+ visitors across 167 events during 2024–2025, while the Central Bank Convention Center hosted 255 events with 173,630+ attendees during the same period.
Key Highlights
- 1,273 SF of first‑floor retail and office space
- Located within the 2019 City Center Office Building
- City Center includes 154,984 SF of Class A office space and 15 luxury penthouse condos
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,033
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Lexington, KY
$32.72 /SF/Yr
Avg Asking Price
$8–$556 /SF/Yr
Price Range
37,955 SF
Avg Space Size
This space is priced 7% above the average of $32.72 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - First-floor commercial space offers a retail and office configuration within a high-visibility downtown setting.
Where is this retail space located?
The property is located at 120 West Main Street Lexington, KY.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 1,273 SF of first‑floor retail and office space; Located within the 2019 City Center Office Building; City Center includes 154,984 SF of Class A office space and 15 luxury penthouse condos
