Four-Building Flex
For Lease
Contact for pricing
1051 Newtown Pike, Lexington, KY 40511
Mixed-use commercial campus combining office, retail, flex, and warehouse facilities with convenient regional access.
Space SizeContact for details
Days on Market3099
Property Features for 1051 Newtown Pike
General Information
Standard status
Active
Property subtype
Industrial
Zoning
B-1 & B-4
Amenities
Water
Sewer
Spaces For Lease
at 1051 Newtown Pike Contact usAvailable Space $15/Mo
Contact usAvailable Space $11/Mo
Contact us
Listing Agency:
NAI Isaac
Listed By:
Chad Voelkert · License ##205597
(859) 422-4408
Source:
Kcrea.resimplifi
Added: Apr 27, 2018
Changed: Oct 3
Last Checked: Oct 19 at 3:17AM
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 NAI Isaac
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Investment Insights
Based on property information with market context.
Newtown Business Center is a four-building flex property encompassing approximately 86,700 SF across office, retail, flex, and warehouse facilities. The development occupies approximately 9.88 acres and offers lease opportunities ranging from approximately 2,748 to 6,733 SF. Ample parking supports the mixed-use configuration, and the improvements date to 1982.
The property fronts the intersection of Newtown Pike and New Circle Road in Lexington, providing access to downtown, Interstates 75 and 64, and Blue Grass Airport. The site records approximately 39,271 VPD in front of the property. Zoning includes B-1 (Neighborhood Business) and I-1 (Light Industrial), supporting the campus’s combination of commercial and light-industrial space.
The property fronts the intersection of Newtown Pike and New Circle Road in Lexington, providing access to downtown, Interstates 75 and 64, and Blue Grass Airport. The site records approximately 39,271 VPD in front of the property. Zoning includes B-1 (Neighborhood Business) and I-1 (Light Industrial), supporting the campus’s combination of commercial and light-industrial space.
Key Highlights
- Approximately 86,700 SF across four buildings
- Approximately 9.88‑acre mixed‑use development
- Available spaces range from approximately 2,748 to 6,733 SF
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
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Market
Lease Benchmarks for Lexington, KY
$12.05 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,783 SF
Avg Space Size
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Mixed-use commercial campus combining office, retail, flex, and warehouse facilities with convenient regional access.
Where is this flex space located?
The property is located at 1051 Newtown Pike Lexington, KY.
What are key features of this property?
This property features: Approximately 86,700 SF across four buildings; Approximately 9.88‑acre mixed‑use development; Available spaces range from approximately 2,748 to 6,733 SF
