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1040-1050 Eastland Drive, Lexington, KY, 40505
Flex Warehouse with Multiple Bays

1040-1050 Eastland Drive Lexington, KY 40505

New
For Lease
$6 SF/Yr

COMMERCIAL - Lexington, KY

Property Size30,488 SF
Lot Size1.41 Acres
Days on Market6

Property Features for 1040-1050 Eastland Drive

General Information

Property type Commercial Lease
Property subtype Other
Standard status Active
APN 15030750, 15029380, 15029375
Size 30,488 SF
Lot size 1.41 Acres

Building Details

Year built 1970
Listing Agency: Block + Lot Homes
Listed By: Adam Boardman · License #72655
Added: Jul 23 Last Checked: Jul 28 at 7:06AM
MLS# 26019603

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.

1040–1050 Eastland Drive is a flex warehouse property totaling 30,488 SF, demised into three spaces. The building is constructed with concrete block and includes a wet sprinkler system and LED lighting. It features 6 docks and 4 drive-ins, with 16' clear height throughout. The office-to-warehouse ratio is 13.65%, supported by in-place office space, and each unit includes small outside storage. Roofs are described as newer EPDM systems installed in 2016/2019 with assignable warranties.

The property is located in Lexington, Kentucky and runs between Loudon Avenue and New Circle Road in the Winchester Road/eastern corridor. It is approximately 0.8 miles from New Circle Road and 2.7 miles from I-75/I-64.

The site is 1.41 acres and is zoned I-1, providing a consolidated distribution-style setup for users seeking multiple sizes within one facility.

Key Highlights

  • 30,488 total SF office/warehouse building demised into three sizes; 17,247 SF available for lease
  • Excellent office‑to‑warehouse ratio of 13.65% office
  • Concrete block construction (1970–1974) with wet sprinkler system

Property Analytics

Property Profile Location Intelligence

Current Use

Flex space

Suggested Use

Top Pick Law Firm Nail Salon Parking Lot & Garage Accounting Firm Pharmacy Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

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  • Bayleaf Diaspora Kitchen — 962 Delaware Ave, Lexington, KY 40508

Frequently Asked Questions

What type of property is this?
Flex space - Flex/warehouse building offers dock-high and drive-in access with a 16' clear height and updated roof systems.
Where is this flex space located?
The property is located at 1040-1050 Eastland Drive Lexington, KY.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: 30,488 total SF office/warehouse building demised into three sizes; 17,247 SF available for lease; Excellent office‑to‑warehouse ratio of 13.65% office; Concrete block construction (1970–1974) with wet sprinkler system
More about this property
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