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Second-Floor Office Suite
For Lease
$15 SF/Yr

2263 Nicholasville Rd, Lexington, KY 40503

B-1 zoning and established retail occupants on the lower level complement the upper-floor office space.

Space Size2,619 SF
Days on Market23

Property Features for 2263 Nicholasville Rd

General Information

Standard status Active
Size 2,619 SF
Net Rentable 2,619 SF
Total Parking Spaces 30
Property subtype Office
Zoning B-1
Lease Type NNN

Space & Availability

Available Space 2,619 SF
Contiguous Space 2,619 SF
Floor 2
Space Use Office

Lease Terms

Lease Rate $15 /USD/SF/YR
Monthly Rent $3,273
Rent per SF/Year $15

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Amenities

ground-floor retail co-tenancy
Power
Water
Sewer
30 Parking Spaces

Building Details

Year Built 1982
Stories 2
Tenancy Multi-Tenant
Parking Ratio 5.75 per 1,000 SF

Spaces For Lease

at 2263 Nicholasville Rd
Available Space $15/Mo
Contact us
Listing Agency: The Gibson Company
Listed By: James Powell · License #KY 57836
Source: Kcrea.resimplifi
Added: Sep 22 Changed: Oct 13 Last Checked: Oct 13 at 2:31AM

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 The Gibson Company

Investment Insights

Based on property information with market context.

The second level of this two-story building offers approximately 2,619 SF of office space. Established retail tenants occupy the ground floor, and the property was built in 1982. B-1 zoning applies to the site, with the entire upper floor available for lease.

The building fronts Nicholasville Road, opposite Zandale Shopping Center, and has 30 surface parking spaces at the front. Lextran service runs along the corridor. The property is minutes from the University of Kentucky, downtown, and New Circle Road, providing access to these destinations from its Nicholasville Road location.

Key Highlights

  • Entire second floor available, approximately 2,619 SF
  • 30 surface parking spaces; 5.75/1,000 parking ratio
  • Direct frontage on Nicholasville Road, across from Zandale Shopping Center

Property Analytics

Current Use

Antique & Modern Firearms ... Home Decor Store 7 clouds smoke ... (Bike/Boat/Book/etc) Store Top Tier Barber ... Barber Shop

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Big Box & Wholesale Store Electrical Service Locksmith Catering 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,838
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

$24.17 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,175 SF
Avg Space Size

This space is priced 38% below the average of $24.17 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - B-1 zoning and established retail occupants on the lower level complement the upper-floor office space.
Where is this office units located?
The property is located at 2263 Nicholasville Rd Lexington, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Entire second floor available, approximately 2,619 SF; 30 surface parking spaces; 5.75/1,000 parking ratio; Direct frontage on Nicholasville Road, across from Zandale Shopping Center
More about this property
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