Most listings are in the $20's per square foot per year. The Downtown Lexington submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 34% decrease in rent.
In the last 90 days, 7 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,570 sqft. Most buildings in this area are close to 6 stories. Most buildings in this area were built in 1975 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Lexington occupants. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.