Freestanding Flex Space with Rear
1053-1057 Goodwin Drive, Lexington, KY 40505
For Lease
$8 SF/Yr
An approximately balanced office and warehouse layout is complemented by I-1 zoning.
Space Size5,200 SF
Days on Market1031
Property Features for 1053-1057 Goodwin Drive
General Information
Standard status
Size
Net Rentable
Zoning
Space & Availability
Available Space
Contiguous Space
Space Use
Warehouse & Industrial
Clear Height
Loading
Three-Phase Power
Building Details
Building Size
Year Built
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Brian Erwin · License KY #66559, KY #210478
(859) 492-5416
Source:
Kypropertyhunters
Added: Jan 19, 2024
Changed: Nov 13
Last Checked: Nov 13 at 5:33PM
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 The Gibson Company
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Investment Insights
Based on property information with market context.
Built in 1971, this freestanding flex property contains 5,200 square feet, with an approximate 40/60 split between office and warehouse areas. Three restrooms serve the space, and the warehouse has two rear roll-up doors, measuring 8 feet and 10 feet, plus 11 feet of clear height. Electrical service is three-phase. Updates, including LED lighting, are underway.
The property is zoned I-1 and is offered for lease at 1053-1057 Goodwin Drive in Lexington, Kentucky.
The property is zoned I-1 and is offered for lease at 1053-1057 Goodwin Drive in Lexington, Kentucky.
Key Highlights
- 5,200‑square‑foot freestanding flex property
- Approximate 40/60 office‑to‑warehouse area split
- Two rear roll‑up doors: 8 feet and 10 feet
Property Analytics
Current Use
Lease Details
11 ft
Clear height
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,100
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
$10.39 /SF/Yr
Avg Asking Price
$6–$22.08 /SF/Yr
Price Range
18,674 SF
Avg Space Size
This space is priced 23% below the average of $10.39 /SF/Yr.
Average Price Trend$/SF/Yr for Flex space in Lexington, KY
Properties on Market for Flex space in Lexington
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Entre Vous — 1006 Delaware Ave, Lexington, KY 40505
- Selma's Catering & Events — 720 Henry Clay Blvd, Lexington, KY 40505
- Bayleaf Diaspora Kitchen — 962 Delaware Ave, Lexington, KY 40508
- Vegan Nepal — 962 Delaware Ave, Lexington, KY 40505
- Pasta Garage Catering — 962 Delaware Ave, Lexington, KY 40505
Frequently Asked Questions
What type of property is this?
Flex space - An approximately balanced office and warehouse layout is complemented by I-1 zoning.
Where is this flex space located?
The property is located at 1053-1057 Goodwin Drive Lexington, KY.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 5,200‑square‑foot freestanding flex property; Approximate 40/60 office‑to‑warehouse area split; Two rear roll‑up doors: 8 feet and 10 feet
