On average, listings lease in the $20's per square foot per year. The Lexington-Fayette region is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% rise in rent.
In the last 90 days, 92 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,440 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this market were built in 1987 and are Class A.