Warehouse with Loading
For Lease
$5.95 SF/Yr
1040-1050 Eastland Drive 1040-1044, Lexington, KY 40505
Three demised sections include renovated office space, outside storage for each unit, and a 13.65% office-to-warehouse ratio.
Space Size17,247 SF
Property Size30,488 SF
Lot Size1.41 Acres
Days on Market107
Property Features for 1040-1050 Eastland Drive 1040-1044
General Information
Standard status
Active
Size
17,247 SF
Net Rentable
17,247 SF
Lot size
1.41 Acres
Property subtype
Industrial
Zoning
I-1
Space & Availability
Available Space
17,247 SF
Contiguous Space
17,247 SF
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
6
Drive-In Doors
4
Sprinkler System
Yes
Building Details
Building Size
30,488 SF
Year Built
1970
Construction
concrete block
Listing Agency:
Block + Lot Homes
Listed By:
Adam Boardman · License #72655
(859) 338-8243
Source:
Roandcorealty
Added: Jul 23
Changed: Nov 2
Last Checked: Nov 5 at 9:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Block + Lot Homes
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 30,488-square-foot warehouse property is divided into three sections, with 17,247 square feet available for lease. The concrete block buildings date from 1970–1974 and include renovated office space, LED lighting, a wet sprinkler system, and small outside storage areas for each unit. Office space represents 13.65% of the total area. Loading facilities include six dock doors and four drive-in doors, with 16-foot clear height. EPDM roofs were installed in 2016 and 2019, and assignable warranties are available. The property occupies 1.41 acres and is zoned I-1.
On Eastland Drive in Lexington’s eastern corridor, the site is 0.8 miles from New Circle Road, 2.7 miles from I-75/I-64, and 8.5 miles from Bluegrass International Airport.
On Eastland Drive in Lexington’s eastern corridor, the site is 0.8 miles from New Circle Road, 2.7 miles from I-75/I-64, and 8.5 miles from Bluegrass International Airport.
Key Highlights
- 30,488 SF across three demised sections; 17,247 SF available for lease
- Six docks, four drive‑ins, and 16' clear height
- 1.41 acres zoned I‑1
Property Analytics
Current Use
Lease Details
16 ft
Clear height
6
Dock-high doors
4
Drive-in doors
Yes
Sprinkler system
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.89 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,116
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40505, KY
26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$9.59 /SF/Yr
Avg Asking Price
$1.08–$22.08 /SF/Yr
Price Range
24,086 SF
Avg Space Size
This space is priced 38% below the average of $9.59 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Space Center Storage — 1120 E New Circle Rd, Lexington, KY 40505
- Disc-Document Imgng & Storage Co — 1115 Delaware Ave #300, Lexington, KY 40505, United States
- The Haven — 1535 Delaware Ave, Lexington, KY 40505
- StorageMart — 750 winchester rd, lexington, ky 40505
- Wildcat Mini Storage — 428 Dallas Ave, Lexington, KY 40505
Frequently Asked Questions
What type of property is this?
Warehouse - Three demised sections include renovated office space, outside storage for each unit, and a 13.65% office-to-warehouse ratio.
Where is this warehouse located?
The property is located at 1040-1050 Eastland Drive 1040-1044 Lexington, KY.
What is the lease rate?
The lease rate is $5.95 SF/Yr.
What are key features of this property?
This property features: 30,488 SF across three demised sections; 17,247 SF available for lease; Six docks, four drive‑ins, and 16' clear height; 1.41 acres zoned I‑1
