The typical asking rate per listing is in the $10's per square foot per year. The Lexington-Fayette submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% 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 82% of the listings in the Lexington-Fayette are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,160 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 1986 and are Class A.