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Office Space in Frankfort
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360 Democrat Drive, Frankfort, KY 40601

Office leasing opportunities in Frankfort, Kentucky.

Space Size18,376 SF
Days on Market226

Property Features for 360 Democrat Drive

General Information

Standard status Active
Size 18,376 SF
Class B
Property subtype Office - General Office

Building Details

Building Size 18,376 SF
Year Built 1989

Spaces For Lease

at 360 Democrat Drive
Building Immediate
Floor 1
Size 18,376 SF
Type General Office
Rate Contact for pricing
Lease Type Modified Gross
Sublease No
Renewal Option Yes
Contact us
Listing Agency: NAI Isaac
Listed By: Paul Ray Smith Jr. · License #30436
Source: Commercialcafe
Added: Mar 26 Changed: Oct 26 Last Checked: Nov 6 at 5:09AM

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 NAI Isaac

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Investment Insights

Based on property information with market context.

NAI Isaac presents leasing opportunities at 360 Democrat Drive in Frankfort, Kentucky. Frankfort has a history in economic development and incentives that secured the location of the state Capitol in the city. Situated in the Kentucky River valley within the Bluegrass Region of Central Kentucky, Frankfort has a diversity of resources supporting economic development efforts, including business growth and expansion, new business attraction, creation of new businesses, and tourism.

Key Highlights

  • Located in Frankfort, the state Capitol of Kentucky.
  • Situated in the scenic Kentucky River valley.
  • Positioned in the Bluegrass Region of Central Kentucky.

Property Analytics

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

Current Use

Kentucky Court of Appeals Courthouse Kentucky Apartment Building

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Building Supply Big Box & Wholesale Store Pharmacy

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

186
Businesses Nearby

Demographics for 40601, KY

52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Frankfort, KY

$12.91 /SF/Yr
Avg Asking Price
$5.63–$16.67 /SF/Yr
Price Range
3,283 SF
Avg Space Size

Average Price Trend$/SF/Yr for Office Units in Frankfort, KY

$12.13 Jul
$12.99 Aug
$12.91 Sep
$13.01 Oct

Properties on Market for Office Units in Frankfort

Jul
Aug
Sep
Oct

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 - Office leasing opportunities in Frankfort, Kentucky.
Where is this office unit located?
The property is located at 360 Democrat Drive Frankfort, KY.
What are key features of this property?
This property features: Located in Frankfort, the state Capitol of Kentucky.; Situated in the scenic Kentucky River valley.; Positioned in the Bluegrass Region of Central Kentucky.
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