Downtown Lexington Office Space

Downtown Lexington

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,570
As of: December 5, 2016

Downtown Lexington Rates

On average, listings lease in the $20's per square foot per year. The Downtown Lexington region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 34% decline in rent.

Downtown Lexington Listing Supply

In the last 90 days, 7 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,570 sqft. Most properties in this region are approximately 6 floors. Most buildings in this region were built in 1975 and are Class A.

Downtown Lexington Community

A large portion of this region is residential, but there's plenty of office_space. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Lexington residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Lexington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Lexington.
Research