Lexington Office/Lab Space
For Lease
$14 SF/Yr
1509 Bull Lea Road, Lexington, KY 40511
COMMERCIAL - Lexington, KY
Space Size1,802 SF
Lot Size2.00 Acres
Days on Market193
Property Features for 1509 Bull Lea Road
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning description
P-2
Subdivision
Commercial
Directions
Newtown Pike outbound to a left on Citation Blvd to a right on Bull Lea Road. Take the first left and the property will be on your left.
Standard status
Active
APN
38001160
Size
1,802 SF
Lot size
2.00 Acres
Amenities
private restroom
kitchenette area
Building Details
Year built
2002
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Feb 4
Changed: Aug 4
Last Checked: Aug 16 at 12:06AM
MLS# 26002106
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.
Available for lease is an approximately 1,802 square foot office/lab space located at 1509 Bull Lea Road in Lexington, Kentucky. The suite offers a flexible layout that efficiently combines private offices with open work or lab areas, making it well-suited for a variety of professional, medical, research, or technology-oriented users. The space is thoughtfully designed to support both collaborative and focused work environments and includes a private restroom and a kitchenette area for added convenience. The existing configuration allows for immediate occupancy while still offering adaptability to accommodate tenant-specific requirements. Situated in a well-located Bull Lea Road corridor, the property provides easy access to Newtown Pike, as well as I-64/I-75, supporting convenient connectivity for both employees and clients. The property is located in Fayette county. The lot size is 2 acres. This offering presents an excellent opportunity for users seeking a functional, adaptable office/lab environment in a centrally located Lexington submarket.
Key Highlights
- Versatile +/-1,802 sq ft office/lab space suitable for professional, medical, research, or technology users.
- Flexible layout with private offices and open work/lab areas.
- Convenient location on Bull Lea Road with easy access to Newtown Pike and I‑64/I‑75.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
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
$26.74 /SF/Yr
Avg Asking Price
$1.68–$250 /SF/Yr
Price Range
10,704 SF
Avg Space Size
This space is priced 48% below the average of $26.74 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Adaptable 1,802 SF office/lab space for lease.
Where is this office units located?
The property is located at 1509 Bull Lea Road Lexington, KY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Versatile +/-1,802 sq ft office/lab space suitable for professional, medical, research, or technology users.; Flexible layout with private offices and open work/lab areas.; Convenient location on Bull Lea Road with easy access to Newtown Pike and I‑64/I‑75.
