On average, listings lease in the $20's per square foot per year. The Lexington-Fayette submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 127 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Lexington-Fayette are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,740 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 1987 and are Class A.