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Property profile & analytics
OFF-MARKET
Office Spaces

108 Esplanade Lexington, KY 40507

30,663 SF 0.25 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 1,907 sq ft creative office space is available for sublease at 108 Esplanade #240 in Lexington, KY 40507. Located in a prime downtown location, this unit offers easy access to numerous restaurants and activities. The space is part of a larger building totaling 30,663 square feet, constructed in 1940 and renovated in 2001. The building is a three-story structure situated on 0.25 acres of land and is zoned B-2 - Central Business District within Fayette County. The unit itself features 2-3 private offices, a spacious conference room, a convenient kitchenette, two restrooms, and ample open common areas, making it ideal for a variety of businesses. The monthly rent is $2,730, plus utilities (gas and electric). The entire space is available for sublease, or a portion can be subleased with the current tenant. This presents a fantastic opportunity for businesses seeking a vibrant and accessible downtown Lexington location. The property is part of a multi-tenant building.

Property profile
Verified
Property type Office Spaces
Year built 1940
Total area 30,663 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Triton Container International Transportation Infrastructure
  • Marrow Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Wiser Strategies Advertising Agency Marketing & Advertising
  • Você Hair Salon Nail Salon
  • Silver Fern (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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