Flex Space with Drive-In
For Lease
$7.75 SF/Yr
1113 Commercial Drive, Lexington, KY 40505
The unit combines office and warehouse areas, with two restrooms and suspended gas heat.
Space Size2,500 SF
Property Size10,000 SF
Days on Market247
Property Features for 1113 Commercial Drive
General Information
Standard status
Active
Size
2,500 SF
Net Rentable
2,500 SF
Property subtype
Industrial
Space & Availability
Available Space
2,500 SF
Contiguous Space
2,500 SF
Space Use
Flex
Site & Location
Neighborhood
Meadows/Loudon Nghd Assoc
Highway Access
Yes
Warehouse & Industrial
Clear Height
14 ft
Clear Span
Yes
Warehouse Space
1,700 SF
Office Build-Out
800 SF
Drive-In Doors
1
Warehouse Heated
Yes
Building Details
Building Size
10,000 SF
Year Built
1969
Listing Agency:
Block + Lot Homes
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Roandcorealty
Added: Mar 5
Changed: Nov 3
Last Checked: Nov 5 at 9:30AM
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 flex property offers a 2,500 SF unit with approximately 800 SF of office space and 1,700 SF of warehouse area. The office includes two restrooms. Warehouse features include 14' clear height, clear-span construction, suspended gas heat, and a drive-in door. Improvements include new paint, drywall, ceiling tile, and lighting in the office, along with new paint and LED lighting in the warehouse.
The property is 2.4 miles from I-75/I-64 and is located just inside New Circle Road in Lexington’s Northeast corridor.
The property is 2.4 miles from I-75/I-64 and is located just inside New Circle Road in Lexington’s Northeast corridor.
Key Highlights
- One 2,500 SF unit with approximately 800 SF of office and 1,700 SF of warehouse space
- 14' clear height in the warehouse
- Clear‑span warehouse with one drive‑in door
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.16 /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
$10.91 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
25,466 SF
Avg Space Size
This space is priced 29% below the average of $10.91 /SF/Yr.
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 - The unit combines office and warehouse areas, with two restrooms and suspended gas heat.
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 $7.75 SF/Yr.
What are key features of this property?
This property features: One 2,500 SF unit with approximately 800 SF of office and 1,700 SF of warehouse space; 14' clear height in the warehouse; Clear‑span warehouse with one drive‑in door
