Updated Office Building with
259 Pasadena Drive, Lexington, KY 40503
For Lease
$2,500/Mo
The rental includes a separate storage building, built-in shelving, and paved and gravel parking.
Space SizeContact for details
Property Size1,200 SF
Days on Market960
Property Features for 259 Pasadena Drive
General Information
Standard status
Size
Total Parking Spaces
Zoning
Site & Location
Neighborhood
Additional Details
Space Use
Amenities
separate storage building
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
The Hight Company
Listed By:
Lamar L Hight
(859) 276-1981
Source:
Bluegrasspropertiesgroup
Added: Mar 25, 2024
Changed: Nov 4
Last Checked: Nov 9 at 12:49AM
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 Hight Company
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Investment Insights
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This updated office property offers 1,200 square feet of space with refinished wood floors, new carpeting, vinyl flooring, fresh interior paint, and extensive built-in shelving. A separate storage building has finished stack shelving. The buildings and lot are available for lease, and the property is zoned P-1 for professional offices.
Parking includes both paved and gravel areas. The landlord covers general maintenance, including the roof, plumbing, HVAC, and parking lot, as well as insurance and taxes.
Parking includes both paved and gravel areas. The landlord covers general maintenance, including the roof, plumbing, HVAC, and parking lot, as well as insurance and taxes.
Key Highlights
- 1,200‑square‑foot office property zoned P‑1 for professional offices
- Separate storage building with finished stack shelving
- Interior updates include refinished wood floors, new carpet, vinyl flooring, and fresh paint
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
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Business Placement
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
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Market
Lease Benchmarks for Lexington, KY
$22.18 /SF/Yr
Avg Asking Price
$12–$87.5 /SF/Yr
Price Range
54,259 SF
Avg Space Size
This space is priced 13% above the average of $22.18 /SF/Yr.
Average Price Trend$/SF/Yr for Office buildings in Lexington, KY
Properties on Market for Office buildings in Lexington
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The rental includes a separate storage building, built-in shelving, and paved and gravel parking.
Where is this office building located?
The property is located at 259 Pasadena Drive Lexington, KY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,200‑square‑foot office property zoned P‑1 for professional offices; Separate storage building with finished stack shelving; Interior updates include refinished wood floors, new carpet, vinyl flooring, and fresh paint
