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Office Suite with Two Offices
For Lease
$1,200/Mo

5-1065 Dove Run Rd, Lexington, KY 40502

Suite 5 includes two large private offices and a smaller room, with electricity and water included.

Space SizeContact for details
Days on Market475

Property Features for 5-1065 Dove Run Rd

General Information

Standard status Active

Site & Location

Neighborhood Lansdowne-Merrick Nghd Assoc
Highway Access Yes
Listing Agency: The Gibson Company
Listed By: Dallas Hodge · License #248687
Source: Exprealty
Added: Jul 14, 2025 Changed: Oct 25 Last Checked: Oct 30 at 4:14PM

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

Rey
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Investment Insights

Based on property information with market context.

1065 Dove Run Suite 5 offers approximately 900 square feet of office space configured with two large individual offices and one smaller room. The suite is currently available and ready for immediate move-in.

The location is just off Tates Creek Road near the New Circle Road exit, providing convenient access to the Interstate and downtown. The property is described as being minutes away from schools, restaurants, and businesses.

Electricity and water are included, reducing operating costs for qualifying tenants.

Key Highlights

  • ~900 SF office suite (Suite 5) with two large private offices and one smaller room
  • Convenient access just off Tates Creek Road near the New Circle Road exit, with minutes to Interstate and downtown
  • Space is currently available and ready to move in

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Law Firm Spa & Massage Center Nail Salon Restaurant Auto Repair Shop

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
NNN (Triple Net)
Lease Type
$2.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 40502, KY

26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$24.18 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
15,584 SF
Avg Space Size

This space is priced 33% below the average of $24.18 /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

Frequently Asked Questions

What type of property is this?
Office unit - Suite 5 includes two large private offices and a smaller room, with electricity and water included.
Where is this office unit located?
The property is located at 5-1065 Dove Run Rd Lexington, KY.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: ~900 SF office suite (Suite 5) with two large private offices and one smaller room; Convenient access just off Tates Creek Road near the New Circle Road exit, with minutes to Interstate and downtown; Space is currently available and ready to move in
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