Most listings are in the $20's per square foot per year. The Lexington-Fayette submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 6% decrease in rent.
In the last 90 days, 87 listings have been posted online, 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,940 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1986 and are Class A.