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Lexington Office Building For Lease
For Lease
$20.50 SF/Yr

993 Mason Headley Rd, Lexington, KY 40504

Office building with high visibility and easy access.

Space SizeContact for details
Days on Market1040

Property Features for 993 Mason Headley Rd

General Information

Standard status Active
Property subtype Other
Zoning P-1
Lease Type Full Service

Spaces For Lease

at 993 Mason Headley Rd
Available Space $20.50/Mo
Contact us
Listing Agency: Schrader Commercial Properties, LLC
Listed By: James Schrader · License #41930
Source: Kcrea.resimplifi
Added: Dec 11, 2023 Changed: Oct 6 Last Checked: Oct 16 at 5:51AM

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 Schrader Commercial Properties, LLC

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Investment Insights

Based on property information with market context.

This well-known building in Lexington, also known as the Ginger Building, presents a leasing opportunity with high visibility and accessibility. Adjacent to Cardinal Hill Hospital, the property features an upper floor comprising approximately 10,328 square feet, with additional attic and storage space. The total area of the building is 13,594 square feet, comprised of two floors and attic space. The current floor plan allows for occupancy by either one or two tenants. Amenities include free on-site parking, on-site maintenance, and on-site management. The location provides convenient access to Versailles and Harrodsburg Road. The full-service lease rate is $21.25 per square foot.

Key Highlights

  • High visibility and easy access in Lexington
  • Adjacent to Cardinal Hill Hospital
  • Approximately 10,328 sq ft of usable upper floor space

Property Analytics

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Current Use

Katelyn Crist Physician Kristin Stenson Physician Jamie Ellis Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Spa & Massage Center

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
$3.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 40504, KY

26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Check the figures for this property 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 9% above the average of $18.78 /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 building - Office building with high visibility and easy access.
Where is this office building located?
The property is located at 993 Mason Headley Rd Lexington, KY.
What is the lease rate?
The lease rate is $20.50 SF/Yr.
What are key features of this property?
This property features: High visibility and easy access in Lexington; Adjacent to Cardinal Hill Hospital; Approximately 10,328 sq ft of usable upper floor space
More about this property
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