Warehouse with 6
For Lease
Contact for pricing
1040 Eastland Drive, Lexington, KY 40505
Zoned I-1 warehouse with wet sprinkler, LED lighting, and newer EPDM roofs.
Space Size30,488 SF
Lot Size1.41 Acres
Days on Market18
Property Features for 1040 Eastland Drive
General Information
Standard status
Active
Size
30,488 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
Warehouse & Industrial
Clear Height
16 ft
Dock-High Doors
6
Drive-In Doors
4
Sprinkler System
Yes
Additional Details
Road Access
Yes
Building Details
Building Size
30,488 SF
Year Built
1970
Tenancy
Single
Construction
concrete block
Spaces For Lease
at 1040 Eastland Drive Contact us- Size
- 30,488 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Block + Lot
(859) 351-7924
Listed By:
Adam Boardman · License #KY 72655
Source:
Crexi
Added: Jul 23
Changed: Aug 8
Last Checked: Aug 6 at 7:00AM
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
Investment Insights
Based on property information with market context.
1040-1050 Eastland Drive offers a warehouse facility with 17,247 SF available for lease, or as an owner-occupant and investment opportunity. The property includes 30,488 total SF demised into three sizes, designed to serve multiple tenant requirements. The building features concrete block construction from 1970–1974, an office-to-warehouse ratio of 13.65% office, and warehouse clear height of 16’. Improvements include LED lighting, a wet sprinkler system, and six docks plus four drive-ins.
The site totals 1.41 acres and is zoned I-1. Roofing includes newer EPDM roofs installed in 2016 and 2019, with assignable warranties. The property is located on Eastland Drive between Loudon Avenue and New Circle Road in the Winchester Road/eastern corridor of Lexington, Kentucky.
Access to major routes includes being 0.8 miles from New Circle Road and 2.7 miles from I-75/I-64. Bluegrass International Airport is approximately 8.5 miles away.
The site totals 1.41 acres and is zoned I-1. Roofing includes newer EPDM roofs installed in 2016 and 2019, with assignable warranties. The property is located on Eastland Drive between Loudon Avenue and New Circle Road in the Winchester Road/eastern corridor of Lexington, Kentucky.
Access to major routes includes being 0.8 miles from New Circle Road and 2.7 miles from I-75/I-64. Bluegrass International Airport is approximately 8.5 miles away.
Key Highlights
- 17,247 SF available for lease at 1040‑1050 Eastland Drive
- 30,488 total SF demised into three sizes
- 1.41 acres zoned I‑1 with concrete block construction (1970–1974)
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
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Balanced
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
$11.52 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
37,407 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Zoned I-1 warehouse with wet sprinkler, LED lighting, and newer EPDM roofs.
Where is this warehouse located?
The property is located at 1040 Eastland Drive Lexington, KY.
What are key features of this property?
This property features: 17,247 SF available for lease at 1040‑1050 Eastland Drive; 30,488 total SF demised into three sizes; 1.41 acres zoned I‑1 with concrete block construction (1970–1974)
