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Office-Retail Mixed-Use Suite
For Lease
$1,300/Mo

122 Walnut Street, Frankfort, KY 40601

Commercially zoned space offers separate entrances, multiple work areas, and on-site parking in a strip center.

Space Size1,800 SF
Days on Market1006

Property Features for 122 Walnut Street

General Information

Standard status Active
Size 1,800 SF
Net Rentable 1,800 SF
Total Parking Spaces 35
Zoning Commercial

Space & Availability

Available Space 1,800 SF
Contiguous Space 1,800 SF
Space Use Office
Private Offices 1

Lease Terms

Lease Rate $1,300 /MO
Monthly Rent $1,300
Lease Term 12 months
Utilities Included in Rent water, sewer, trash

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

large parking lots
signage on the front sign
wet bar
two separate entries

Building Details

Building Size 1,800 SF
Stories 1
Tenancy Multi
Listing Agency: Pulliam Realty Group
Listed By: Rick Pulliam · License #191695
Source: Bluegrasspropertiesgroup
Added: Feb 5, 2024 Changed: Nov 4 Last Checked: Nov 6 at 12:44AM

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 Pulliam Realty Group

Rey
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Investment Insights

Based on property information with market context.

This commercial suite provides approximately 1,800 square feet arranged with separate parking-lot entrances, reception areas, one enclosed office, two larger rooms, utility rooms, two half bathrooms, and a wet bar. Two all-electric HVAC systems serve the space. The property is in a commercial strip center, with parking lots and space on the center’s front sign for tenant identification.

The suite sits just off Versailles Road (US 60), on the east side of Frankfort and behind Wendy’s. Commercial zoning supports its office and retail configuration. The lease term is 12 months; water, sewer, common area maintenance, and trash removal are included. The tenant is responsible for electric and gas service.

Key Highlights

  • Approximately 1,800 SF of office and retail space
  • Two separate entrances from the parking area
  • Layout includes reception areas, 1 enclosed office, and 2 larger rooms

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Cafe & Coffee Shop Electrical Service

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value

Market

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned space offers separate entrances, multiple work areas, and on-site parking in a strip center.
Where is this mixed-use property located?
The property is located at 122 Walnut Street Frankfort, KY.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Approximately 1,800 SF of office and retail space; Two separate entrances from the parking area; Layout includes reception areas, 1 enclosed office, and 2 larger rooms
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