Search
New Class-A Office Units
For Lease
$23 SF/Yr

144 Turner Commons Way, Lexington, KY 40508

Customizable shell space in a mixed-use setting with retail, trails, and surface parking nearby.

Space SizeContact for details
Days on Market721

Property Features for 144 Turner Commons Way

General Information

Standard status Active
Class A
Property subtype Office
Zoning PUD-3
Lease Type NNN

Space & Availability

Space Use Office
Condition Shell
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Sprinkler System Yes

Amenities

walking trails
green space
surface parking
evening security patrol
area retail
Water
Sewer

Building Details

Year Built 2022
Construction Steel Frame & Glass
Abandoned No

Spaces For Lease

at 144 Turner Commons Way Contact us

Available Space $23/Mo

Contact us
Listing Agency: Block & Lot Real Estate
Listed By: Amy Mellinger · License #210462
Source: Kcrea.resimplifi
Added: Sep 11, 2024 Changed: Aug 31 Last Checked: Sep 1 at 3:16PM

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 Block & Lot Real Estate

Investment Insights

Based on property information with market context.

Newly built office units are offered as customizable shell space within a steel-frame, glass building completed in 2022. The Class-A property features LED lighting, ceiling heights ranging from 18' to 24', a 6' reinforced slab, wet sprinklers, and 400 amp, 480 V, 3-phase electrical service. PUD-3 mixed-use zoning supports the property’s office setting.

The building is located at 144 Turner Commons Way in Lexington’s Commons mixed-use development, with access to area retail, walking trails, green space, and surface parking. The site provides connectivity to W. Main St, I-75, I-64, New Circle Road, the Central Business District, and Bluegrass Field Airport. Evening security patrol is also provided.

Key Highlights

  • 18,264 SF office property completed in 2022
  • Customizable new‑construction shell space
  • Steel‑frame and glass building with LED lighting

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Mobile Phone Store Tanning Salon

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

Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,042
Businesses Nearby

Demographics for 40508, KY

25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
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 1% 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
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 - Customizable shell space in a mixed-use setting with retail, trails, and surface parking nearby.
Where is this office units located?
The property is located at 144 Turner Commons Way Lexington, KY.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 18,264 SF office property completed in 2022; Customizable new‑construction shell space; Steel‑frame and glass building with LED lighting
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message