Industrial Flex Unit with Drive-In
For Lease
$8 SF/Yr
1113 Commercial Drive, Lexington, KY 40505
COMMERCIAL - Lexington, KY
Space Size2,500 SF
Lot Size0.32 Acres
Days on Market164
Property Features for 1113 Commercial Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
B-4
Subdivision
Commercial
Directions
1109-1113 Commercial Drive is located in the Northeast corridor of Lexington just inside of New Circle Rd.
Standard status
Active
APN
10482850
Size
2,500 SF
Lot size
0.32 Acres
Building Details
Year built
1969
Floors in Building
1
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Added: Mar 5
Changed: Aug 4
Last Checked: Aug 16 at 3:06AM
MLS# 26004149
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.
1109–1113 Commercial Drive includes an industrial flex space with one 2,500 SF unit. The layout combines approximately +/-800 SF of office space with two restrooms and approximately +/-1,700 SF of warehouse space. The warehouse features suspended gas heat, 14' clear height, and one drive-in door per unit.
The office renovations include new paint, drywall, ceiling tile, and lighting. The warehouse has also been renovated with new paint and LED lighting, along with drive-in and man door improvements.
The property is situated in the Northeast corridor of Lexington just inside New Circle Rd., with convenient access to Downtown Lexington, New Circle Rd., and I-64/I-75. It is approximately 2.4 miles from I-75/I-64, supporting easy connectivity for day-to-day operations.
The office renovations include new paint, drywall, ceiling tile, and lighting. The warehouse has also been renovated with new paint and LED lighting, along with drive-in and man door improvements.
The property is situated in the Northeast corridor of Lexington just inside New Circle Rd., with convenient access to Downtown Lexington, New Circle Rd., and I-64/I-75. It is approximately 2.4 miles from I-75/I-64, supporting easy connectivity for day-to-day operations.
Key Highlights
- Industrial flex space with one 2,500 SF unit (1109‑1113 Commercial Dr.)
- Warehouse features 14' clear height and a clear span layout with suspended gas heat (per unit)
- Warehouse includes one drive‑in door per unit
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,079
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
$11.33 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
30,753 SF
Avg Space Size
This space is priced 29% below the average of $11.33 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex unit offers about 14' clear height, office buildout, and a drive-in door in a renovated warehouse.
Where is this flex space located?
The property is located at 1113 Commercial 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: Industrial flex space with one 2,500 SF unit (1109‑1113 Commercial Dr.); Warehouse features 14' clear height and a clear span layout with suspended gas heat (per unit); Warehouse includes one drive‑in door per unit
