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Office Suite with Reception Area
For Lease
$700/Mo

255 S Forbes Road #Suite B, Lexington, KY 40504

The space includes two private offices and a bathroom within an I-2-zoned business center.

Space Size405 SF - 896 SF
Days on Market1156

Property Features for 255 S Forbes Road #Suite B

General Information

Standard status Active
Size 405 SF - 896 SF
Net Rentable 405 SF
Zoning I-2

Space & Availability

Available Space 405-896 SF
Space Use Office
Condition Renovated

Site & Location

Neighborhood Cardinal Valley Nghd Assoc

Building Details

Building Size 491 SF
Buildings 1
Stories 1
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Source: Bluegrasspropertiesgroup
Added: Sep 8, 2023 Changed: Nov 5 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 Block + Lot Homes

Rey
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Investment Insights

Based on property information with market context.

Suite B at Forbes Business Center provides 491 SF of office space, arranged with a large reception area, two offices, and a bathroom. The property is zoned I-2.

Suite A is also described as available and may be combined with Suite B. It measures 405 SF and has a reception area, two offices, a closet, and a bathroom.

Key Highlights

  • 491 SF with large reception area, two offices, and bathroom
  • I‑2 zoning
  • Suite A offers 405 SF and may be combined with Suite B

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Central Kentucky Pallets Freight Service Warehouse 8 Warehouse & Storage Metric Environmental Environmental Consultant

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Law Firm Nail Salon Spa & Massage 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

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby

Demographics for 40504, KY

26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$23.9 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
16,487 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

Frequently Asked Questions

What type of property is this?
Office unit - The space includes two private offices and a bathroom within an I-2-zoned business center.
Where is this office unit located?
The property is located at 255 S Forbes Road #Suite B Lexington, KY.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: 491 SF with large reception area, two offices, and bathroom; I‑2 zoning; Suite A offers 405 SF and may be combined with Suite B
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Includes: Price & PSF · Cap rate · Location · Zoning

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