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Class-A Office Units with Parking
For Lease
$19.50 SF/Yr

206-333 W Vine Street, Lexington, KY 40507

Multi-story office accommodations with controlled access, professional management, and direct connection to a parking garage.

Space Size45,000 SF
Property Size242,042 SF
Lot Size0.40 Acres
Days on Market13

Property Features for 206-333 W Vine Street

General Information

Standard status Active
Size 45,000 SF
Net Rentable 45,000 SF
Class A
Elevators Yes
Lot size 0.40 Acres
Zoning B-2B

Space & Availability

Available Space 45,000 SF
Contiguous Space 45,000 SF
Space Use Office

Additional Details

Sprinkler System Yes

Amenities

connected parking garage
high-efficient HVAC with computerized energy management system
24/7 tenant access
on-site security
electronic tenant directories in the lobbies
loading dock
Hilton Hotel connection
pedway system
Rupp Arena/Convention Center
Town Branch Park

Building Details

Year Built 1982
Stories 18
Building Size 242,042 SF
Construction concrete/steel/glass
Tenancy Multi
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Source: Exprealty
Added: Aug 11 Changed: Aug 21 Last Checked: Aug 23 at 6:40AM

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 Homes

Investment Insights

Based on property information with market context.

Vine Center is an 18-story Class-A office property containing 242, 042 SF on 0.4 acres and built in 1982 with concrete, steel, and glass construction. The building provides +/-45, 000 contiguous SF available, six elevator banks, a loading dock, full wet-sprinkler coverage, and floor load factors of 14-17%. High-efficiency HVAC is supported by a computerized energy management system.

Tenant operations are supported by 24/7 access, on-site security, electronic lobby directories, and professional management by The Webb Companies. The property is zoned B-2B and includes a connected parking garage along with additional Landlord-owned parking in neighboring locations. A Hilton Hotel connection and pedway system provide direct links to Rupp Arena, the Convention Center, and Town Branch Park. Existing occupants include ODP Solutions, Sturgill Turner, HDR Engineering, Belcan Corporation, Dupree & Company, and Republic Bank.

Key Highlights

  • +/-45, 000 contiguous SF available
  • 242, 042 SF, 18‑story office property on 0.4 acres
  • Concrete, steel, and glass construction completed in 1982

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Auto Parts Store Fish Market

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
Sprinkler system
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,804
Businesses Nearby

Demographics for 40507, KY

2,043
Population
1,765
Households
1.2
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
5,108
Density / Sq Mi
$34,543
Median Household Income
$40,826
Median Earnings
$642
Median Rent
$391,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$26.66 /SF/Yr
Avg Asking Price
$1.68–$250 /SF/Yr
Price Range
9,745 SF
Avg Space Size

This space is priced 27% below the average of $26.66 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multi-story office accommodations with controlled access, professional management, and direct connection to a parking garage.
Where is this office units located?
The property is located at 206-333 W Vine Street Lexington, KY.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: +/-45, 000 contiguous SF available; 242, 042 SF, 18‑story office property on 0.4 acres; Concrete, steel, and glass construction completed in 1982
More about this property
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