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    2401 Regency Rd Lexington, KY 40503

    For Lease
    $13 SF/Yr

    Lexington Office: 1,820 sq ft available

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional office space, located at 2401 Regency Road in Lexington, Kentucky, offers 1,820 square feet of immediately available space within a larger 25,000 square foot building. The property is a traditional office building also suitable for executive office use, featuring multiple suites. The minimum divisible space is 1,368 square feet, with a maximum contiguous space of 1,820 square feet currently vacant. The building's prime location in South Lexington, just off Nicholasville Road, provides easy access to a variety of amenities, including banks, restaurants, and shopping centers. Its strategic position offers convenient access to major thoroughfares such as New Circle Road, ensuring effortless commutes to the Bluegrass Airport and downtown Lexington. This property presents a unique opportunity for businesses seeking a well-situated and readily available office space in a thriving Lexington community. The building consists of two total suites. The available space is ideal for a business requiring a single, contiguous space. Interested parties are encouraged to inquire about this exceptional opportunity. Zip code is 40503.

    Property Features for 2401 Regency Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Total Rate
    28125

    Unit(s) available at that property

    Space
    Suite 301
    Size
    1,820 SF
    Rate per SF
    $13

    HighLights

    • 25,000 SF office building.
    • 1,820 SF available for lease.
    • Excellent south Lexington location at Regency Road & Pasadena Drive, near Nicholasville Road.
    • Convenient to banks, restaurants, and shopping.
    • Easy access to New Circle Road, Blue Grass Airport, and downtown Lexington.
    • $13.50/SF Modified Gross rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tashari Financial Group, ... Consultant Mrs. Elizabeth Templeman Nurse Practitioner Access Wellness Group Psychiatrist Kristy M. Carter, ... Nurse Practitioner Alicia Carlos Psychiatrist

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Fayette
    State
    Kentucky
    Longitude
    -84.5252908
    Latitude
    38.0051663

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    FAQs

    What type of property is this?
    Office Property / Space - Lexington Office: 1,820 sq ft available
    Where is this office property / space located?
    The property is located at 2401 Regency Rd Lexington, KY.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 25,000 SF office building.; 1,820 SF available for lease.; Excellent south Lexington location at Regency Road & Pasadena Drive, near Nicholasville Road.
    Request Owner's contact information
    2401 Regency Rd Lexington, KY 40503
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    Lexington, KY 40503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2401 Regency Rd Lexington, KY 40503
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