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New Two-Story Office and Lab Space
For Lease
$29 SF/Yr

824 Bull Lea Run, Lexington, KY 40511

Shell-condition suites support customizable office or laboratory layouts across both floors of a newly constructed building.

Space SizeContact for details
Days on Market763

Property Features for 824 Bull Lea Run

General Information

Standard status Active
Total Parking Spaces 173
Property subtype Office
Zoning P-2
Lease Type Gross

Amenities

Power
Water
Sewer
173 Parking Spaces

Building Details

Year Built 2022

Spaces For Lease

at 824 Bull Lea Run Contact us

Available Space $29/Mo

Contact us
Listing Agency: The Gibson Company
Listed By: Christa Collins · License #239962
Source: Kcrea.resimplifi
Added: Aug 1, 2024 Changed: Aug 31 Last Checked: Sep 1 at 2:36PM

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.

Coldstream Research Park offers office and laboratory suites within a newly constructed, two-story building completed in 2022. Available areas are delivered in shell condition, allowing layouts to be tailored to tenant requirements, with space located on both the first and second floors. The building contains approximately 45,954 square feet overall, and available second-floor configurations include 2,236, 2,454, and 4,790 rentable square feet, along with approximately 9,480 rentable square feet.

A 7-foot by 10-foot overhead door on the side of the building supports deliveries. The property is located at 824 Bull Lea Run in Lexington, Kentucky, within Coldstream Research Park and among UK and other research and office tenants. Zoning is P-2.

Key Highlights

  • Newly constructed two‑story building completed in 2022
  • Approximately 45,954 square feet overall
  • Office and laboratory suites available on the first and second floors

Property Analytics

Current Use

Bluegrass AgTech Agricultural Organization Roberts CPA Group Accounting Firm Export Assistance Center Federal Government Office CoRE Building Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Restaurant Auto Repair Shop Spa & Massage Center

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

NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby

Demographics for 40511, KY

36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
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 25% above 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
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Frequently Asked Questions

What type of property is this?
Office units - Shell-condition suites support customizable office or laboratory layouts across both floors of a newly constructed building.
Where is this office units located?
The property is located at 824 Bull Lea Run Lexington, KY.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Newly constructed two‑story building completed in 2022; Approximately 45,954 square feet overall; Office and laboratory suites available on the first and second floors
More about this property
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