On average, listings lease in the $20's per square foot per year. The Lexington-Fayette region is going through a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.
In the last 90 days, 87 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Lexington-Fayette are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1987 and are Class A.