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Private Office Units in Professional Building
For Lease
$525-$550/Mo

1500 Leestown Road, Lexington, KY 40511

Commercial Lease, Lexington, KY

Space SizeContact for details
Lot Size2.60 Acres
Days on Market279

Property Features for 1500 Leestown Road

General Information

Property type Commercial Lease
Property subtype Office
Subdivision Commercial
Directions From downtown Lexington take Hwy 421/W Main Street toward New Circle Road, Bakhaus Building sits on the corner of Leestown Rd and Lisle Industrial Avenue
Standard status Active
APN 17159100
Size 50,000 SF
Lot size 2.60 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Amenities

full handicap accessibility
professional cleaning services
storage closet

Building Details

Year built 1968
Listing Agency: United Real Estate Bluegrass
Listed By: Janna L Smith · License #212967
Added: Dec 8, 2025 Changed: Sep 12 Last Checked: Sep 13 at 12:06AM
MLS# 25507572

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two private office spaces are available within a professionally maintained building at 1500 Leestown Road. The third-floor suite is served by two elevators and offers a private setting for office-based work and client meetings. Furniture can be provided if needed, while utilities, professional cleaning, and a storage closet are included with the space.

The 50,000-square-foot property sits on 2.6 acres and provides on-site parking. Full handicap accessibility is available at the entrance, with central air and heat pump heating serving the building. The property is near downtown Lexington, New Circle Road, and Meadowthorpe Shopping Center.

Key Highlights

  • Two private office spaces in a professional building
  • Third‑floor suite served by two elevators
  • Full handicap accessibility at the building entrance

Property Analytics

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Current Use

Lexington Vet Center Community Center Lexington Contracting LLC Construction Company Stromatt & Associates Law Firm tcm educational consultants Training Center First Kentucky Securities Financial Advisor

Suggested Use

Top Pick Hair Salon Dental Office Nail Salon Real Estate Agency Skin Care Clinic Law Firm

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

Location Intelligence

Trade Area within ½ mile

609
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$23.08 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,007 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor workspace includes utilities, cleaning, storage, and optional furniture within a professionally maintained, accessible building.
Where is this office units located?
The property is located at 1500 Leestown Road Lexington, KY.
What is the lease rate?
The lease rate is $525/Mo.
What are key features of this property?
This property features: Two private office spaces in a professional building; Third‑floor suite served by two elevators; Full handicap accessibility at the building entrance
More about this property
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