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East Reynolds Road Office Space
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114 E Reynolds Rd, Lexington, KY 40517

Recently renovated office space for lease in Lexington, Kentucky.

Property Size6,336 SF
Price / SF$0.01
Days on Market202

Property Features for 114 E Reynolds Rd

General Information

Standard status Active
Size 6,336 SF
Property subtype Office
Lease Term MG

Building Details

Building Size 6,336 SF

Properties For Sale

at 114 E Reynolds Rd Contact us

Suite 201

Size
1,500 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Zach Smith, CCIM
Source: Naiglobal
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 17 at 5:56AM

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 Zach Smith, CCIM

Investment Insights

Based on property information with market context.

Located on East Reynolds Road in Lexington, this freestanding office building offers leasing opportunities. Situated just off Nicholasville Road, the property is approximately 1 mile from Baptist Health Hospital, 2 miles from the University of Kentucky campus, 3 miles from downtown Lexington, and 4 miles from the Blue Grass Airport. The location is zoned P-1, Professional office. The property is undergoing various capital improvements. Ample parking is available, and the lot is to be resealed and restriped. Exterior signage opportunities are available for each suite. A recently renovated suite of approximately 1,500 square feet is available for lease on the second floor. The space is suitable for traditional office users seeking turn-key space with immediate occupancy. Tenant is responsible for utilities and interior janitorial services. The rental rate is $16.00 per square foot, modified gross.

Key Highlights

  • Ideally located just off Nicholasville Road and across from Fayette Mall.
  • Recently renovated +/-1,500 SF suite available for immediate occupancy.
  • Freestanding office building with ample parking (lot to be resealed/restriped).

Property Analytics

Current Use

Eye Care Center ... Physician Dr. Matthew Burchett, ... Physician Dr. Anthony C. ... Physician Reynolds w T ... Physician My Vision Care Physician

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.

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

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 - Recently renovated office space for lease in Lexington, Kentucky.
Where is this office units located?
The property is located at 114 E Reynolds Rd Lexington, KY.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Ideally located just off Nicholasville Road and across from Fayette Mall.; Recently renovated +/-1,500 SF suite available for immediate occupancy.; Freestanding office building with ample parking (lot to be resealed/restriped).
More about this property
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