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First-Floor Professional Office
For Lease
$16 SF/Yr Modified Gross

80 Codell Dr, Lexington, KY 40509

Move-in-ready office condo with a reception area, private offices, and a dedicated bathroom.

Space Size989 SF
Days on Market20

Property Features for 80 Codell Dr

General Information

Standard status Active
Size 989 SF
Net Rentable 989 SF
Property subtype Office
Zoning P-1
Lease Type Modified Gross

Space & Availability

Available Space 989 SF
Contiguous Space 989 SF
Floor 1
Space Use Office
Condition Move-in Ready

Spaces For Lease

at 80 Codell Dr Contact us

Available Space $16/Mo

Contact us
Listing Agency: SVN Stone Commercial Real Estate
Listed By: Travis Rose
Source: Kcrea.resimplifi
Added: Aug 13 Changed: Aug 31 Last Checked: Aug 31 at 1:20PM

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 SVN Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

First-floor office condo offering 989 square feet of professional workspace at 80 Codell Drive, Unit 150. The layout includes a reception and waiting area, private offices, and a private bathroom, providing a practical configuration for office operations. The space is move-in ready and located within a P-1 zoning designation.

Positioned just off Richmond Road in Lexington, the office provides access to nearby Lexington amenities. The property is available for lease.

Key Highlights

  • 989 SF first‑floor office condo
  • Reception and waiting room included
  • Multiple private offices

Property Analytics

Current Use

Lexington Fetal Photography Photography Service Nathan Miles, PhD Physician Andrew Wade - State ... Insurance Agency Strong Insurance Agency, ... Insurance Agency Hendricks Real Estate ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Law Firm Home Appliance Store

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,129
Businesses Nearby

Demographics for 40509, KY

44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$23.19 /SF/Yr
Avg Asking Price
$1.29–$220 /SF/Yr
Price Range
22,476 SF
Avg Space Size

This space is priced 31% below the average of $23.19 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Move-in-ready office condo with a reception area, private offices, and a dedicated bathroom.
Where is this office units located?
The property is located at 80 Codell Dr Lexington, KY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 989 SF first‑floor office condo; Reception and waiting room included; Multiple private offices
More about this property
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