Mixed-Use Office/Warehouse
For Lease
$4,500/Mo
128 Dennis Drive, Lexington, KY 40503
Commercial Lease, Lexington, KY
Space SizeContact for details
Lot Size0.29 Acres
Days on Market41
Property Features for 128 Dennis Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
B-4
Zoning description
B-4
Security features
Security System
Subdivision
Commercial
Directions
Nicholasville Road to Dennis Drive. Property on your left at the end of the parking lot.
Standard status
Active
APN
20056730
Size
5,149 SF
Lot size
0.29 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1987
Floors in Building
2
Listing Agency:
Bluegrass Sotheby's International Realty
(859) 268-0099
Listed By:
Christopher Mitchell · License #197495
(859) 321-2898
Added: Aug 7
Changed: Sep 12
Last Checked: Sep 16 at 11:06AM
MLS# 26021310
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property at 128 Dennis Drive provides 5,149 square feet of office and warehouse space on a 0.29-acre lot. Built in 1987, the facility is served by heat pump heating and cooling, with cable available and public sewer service.
Located in South Lexington, the property offers a commercial setting for the contractor, distributor, and service-company uses identified in the listing. Its B-4 zoning and combined office-industrial configuration support a range of business operations within one building.
Located in South Lexington, the property offers a commercial setting for the contractor, distributor, and service-company uses identified in the listing. Its B-4 zoning and combined office-industrial configuration support a range of business operations within one building.
Key Highlights
- 5,149 SF mixed‑use office and warehouse facility
- 0.29‑acre lot at 128 Dennis Drive
- B‑4 zoning
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.57 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
Explore this area
Business Placement
Demographics for 40503, KY
28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
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Market
Lease Benchmarks for Lexington, KY
$31.23 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
31,616 SF
Avg Space Size
This space is priced 66% below the average of $31.23 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - B-4-zoned property combining office and warehouse space with public sewer service.
Where is this mixed-use property located?
The property is located at 128 Dennis Drive Lexington, KY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 5,149 SF mixed‑use office and warehouse facility; 0.29‑acre lot at 128 Dennis Drive; B‑4 zoning
