Downtown Lexington Office/Retail
For Lease
$14.50 SF/Yr Modified Gross
401 W Main St, Lexington, KY 40507
140,000 SF office/retail complex in downtown Lexington.
Space SizeContact for details
Days on Market523
Property Features for 401 W Main St
General Information
Standard status
Active
Property subtype
Office
Zoning
B-2B
Lease Type
Modified Gross
Amenities
Water
Sewer
Spaces For Lease
at 401 W Main St
Available Space
$14.50/Mo
Listing Agency:
NAI Isaac
Listed By:
Jamie Adams
(859) 396-5468
Source:
Kcrea.resimplifi
Added: May 12, 2025
Changed: Oct 14
Last Checked: Oct 16 at 5:49AM
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 NAI Isaac
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Investment Insights
Based on property information with market context.
The Square is a 140,000 SF office and retail complex situated in downtown Lexington, Kentucky. The property is located at the intersection of Main Street and Broadway (US 68). It offers accessibility from I-75 and I-64.
Key Highlights
- 140,000 SF office/retail complex.
- Located in the heart of downtown Lexington.
- Easily accessible from I‑75 and I‑64.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,686
Businesses Nearby
Explore this area
Business Placement
Demographics for 40507, KY
2,043
Population
1,765
Households
1.2
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
5,108
Density / Sq Mi
$34,543
Median Household Income
$40,826
Median Earnings
$642
Median Rent
$391,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lexington, KY
$18.78 /SF/Yr
Avg Asking Price
$13.5–$24 /SF/Yr
Price Range
55,663 SF
Avg Space Size
This space is priced 23% below the average of $18.78 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - 140,000 SF office/retail complex in downtown Lexington.
Where is this office building located?
The property is located at 401 W Main St Lexington, KY.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: 140,000 SF office/retail complex.; Located in the heart of downtown Lexington.; Easily accessible from I‑75 and I‑64.
