Office Unit with Lab
For Lease
$14 SF/Yr
1509 Bull Lea Road, Lexington, KY 40511
Commercial Lease, Lexington, KY
Space Size1,802 SF
Lot Size2.00 Acres
Days on Market240
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
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: Sep 12
Last Checked: Oct 2 at 9:06AM
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.
This 1,802-square-foot office unit combines private offices with open work or laboratory areas in a layout suited to both focused work and shared activity. The suite includes a private restroom and kitchenette, while the existing configuration supports occupancy without requiring a complete reconfiguration. Built in 2002, the property offers a practical setting for professional, medical, research, or technology-oriented operations.
The suite is located at 1509 Bull Lea Road in Lexington, with access to Newtown Pike and the I-64/I-75 corridor. The property is situated on a 2-acre parcel in Fayette County, providing a functional office setting with regional roadway connectivity for employees and clients.
The suite is located at 1509 Bull Lea Road in Lexington, with access to Newtown Pike and the I-64/I-75 corridor. The property is situated on a 2-acre parcel in Fayette County, providing a functional office setting with regional roadway connectivity for employees and clients.
Key Highlights
- 1,802 SF office and laboratory suite
- Private offices paired with open work or lab areas
- Private restroom and kitchenette included
Property Analytics
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Current Use
Lease Details
Yes
Highway 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
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Market
Lease Benchmarks for Lexington, KY
$23.24 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,754 SF
Avg Space Size
This space is priced 40% below the average of $23.24 /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 office and laboratory suite with private rooms, open work areas, a kitchenette, and dedicated restroom.
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: 1,802 SF office and laboratory suite; Private offices paired with open work or lab areas; Private restroom and kitchenette included
