Downtown Lexington Sublease

Downtown Lexington

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,890
As of: January 22, 2017

Downtown Lexington Rates

On average, listings lease in the $20's per square foot per year. The Downtown Lexington submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 32% decline in rent.

Downtown Lexington Listing Supply

In the last 90 days, 6 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 2,890 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 6 stories. Most buildings in this area were built in 1975 and are Class A.

Downtown Lexington Community

A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Lexington occupants. Commuting around 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