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Class A Office Sublease Space
For Lease
$19 SF/Yr

220 Lexington Green Circle, Lexington, KY 40503

Four-story office building with ample parking and natural light.

Space SizeContact for details
Days on Market151

Property Features for 220 Lexington Green Circle

General Information

Standard status Active
Property subtype Office
Listing Agency:
Listed By: Rick Ashton
Source: Cbre
Added: Mar 25 Changed: Aug 17 Last Checked: Aug 22 at 9:26AM

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 Rick Ashton

Investment Insights

Based on property information with market context.

This is a four-story, Class A office building offering sublease space. The property features large windows that provide abundant natural light. Parking is available with a ratio of 4 spaces per 1,000 square feet, including both surface parking and a ramped parking garage. A courtyard enhances the property's campus-like environment. The building is situated just off Nicholasville Road at New Circle Road, providing convenient access to area amenities such as hospitality, retail, banks, and dining options.

Key Highlights

  • Class A office building
  • Abundant parking with a ratio of 4/1,000, plus a parking garage
  • Convenient location off Nicholasville Road at New Circle Road

Property Analytics

Current Use

Stockton Mortgage Lexington ... Loan Service Mark Sammons Mortgage ... Loan Service Melanie Yarmy - Stock ... Loan Service Racee Greene - Stockton ... Loan Service Nick Edgerly Loan ... Loan Service

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service Auto Parts Store Garden Center

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,140
Businesses Nearby

Demographics for 40503, KY

28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$19.04 /SF/Yr
Avg Asking Price
$13.5–$26 /SF/Yr
Price Range
66,084 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
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Frequently Asked Questions

What type of property is this?
Office building - Four-story office building with ample parking and natural light.
Where is this office building located?
The property is located at 220 Lexington Green Circle Lexington, KY.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Class A office building; Abundant parking with a ratio of 4/1,000, plus a parking garage; Convenient location off Nicholasville Road at New Circle Road
More about this property
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