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New Lexington Office Space Available
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144 Turner Cmns Wy, Lexington, KY 40508

New Class-A office space in Lexington's mixed-use development.

Space Size4,080 SF
Property Size18,264 SF
Days on Market1114

Property Features for 144 Turner Cmns Wy

General Information

Standard status Active
Size 4,080 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Building Size 18,264 SF
Year Built 2022
Tenancy Multiple

Spaces For Lease

at 144 Turner Cmns Wy Contact us

Suite 1

Size
4,080 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Block + Lot
Listed By: Lucas Witt · License #21085
Source: Crexi
Added: Aug 15, 2023 Changed: Aug 25 Last Checked: Aug 29 at 7:12AM

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

Investment Insights

Based on property information with market context.

This newly constructed Class-A office building is located in The Commons, a mixed-use development in Lexington. The building, completed in 2022, offers customizable space and proximity to retail options. Its location off W. Main St provides access to I-75 & I-64, the Central Business District, and Bluegrass Field Airport. The building features a steel frame and glass construction, LED lighting, and ceiling heights ranging from 18 to 24 feet. The floor type is a 6-foot reinforced slab, and a wet sprinkler system is in place. The zoning is PUD-3 Mixed Use. Electrical service is provided by a 400 amp, 480 V, 3-phase system. The location is blocks from Lexington's CBD, offering convenience to area retail, interstate access, and New Circle Rd.

Key Highlights

  • New construction Class‑A office building, built in 2022.
  • Strategic location with easy access to I‑75 & I‑64, Central Business District, and Bluegrass Field Airport.
  • Located in The Commons, a vibrant, mixed‑use development with abundant retail.

Property Analytics

Current Use

Office buildings

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

NNN (Triple Net)
Lease Type
$2.70 /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

$35.38 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
25,911 SF
Avg Space Size

This space is priced 49% below the average of $35.38 /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?
Mixed-use property - New Class-A office space in Lexington's mixed-use development.
Where is this mixed-use property located?
The property is located at 144 Turner Cmns Wy Lexington, KY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: New construction Class‑A office building, built in 2022.; Strategic location with easy access to I‑75 & I‑64, Central Business District, and Bluegrass Field Airport.; Located in The Commons, a vibrant, mixed‑use development with abundant retail.
(859) 619-5369 Call to check price and availability
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