Flex Space with Secure
For Lease
$6.75 SF/Yr
1115 Delaware Ave, Lexington, KY 40505
I-1-zoned facility combines conditioned office/showroom areas with warehouse space and secure outdoor storage capacity.
Space Size27,940 SF
Days on Market323
Property Features for 1115 Delaware Ave
General Information
Standard status
Active
Size
27,940 SF
Net Rentable
27,940 SF
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Space & Availability
Available Space
27,940 SF
Contiguous Space
27,940 SF
Space Use
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
25,700 SF
Office Build-Out
2,240 SF
Building Details
Building Size
27,940 SF
Spaces For Lease
at 1115 Delaware Ave Contact usAvailable Space $6.75/Mo
Contact us
Listing Agency:
SVN Stone Commercial Real Estate
(859) 433-8911
Listed By:
John Bunch · License #221859
(859) 433-8911
Source:
Kcrea.resimplifi
Added: Oct 14, 2025
Changed: Aug 29
Last Checked: Aug 31 at 1:40PM
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 SVN Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
This I-1 light industrial facility offers a flexible combination of office, showroom, and warehouse improvements. The property includes approximately 2,240 SF of office/showroom space, a heated warehouse of approximately 7,200 SF, and an additional warehouse area of approximately 18,500 SF. Multiple grade-level drive-in doors, dock-high loading, open floor areas, and ample clear height support storage, distribution, light manufacturing, and service operations. Secure yard space is also available for vehicles, machinery, materials, or equipment.
Located at 1115 Delaware Ave in Lexington, the property sits just off Winchester Road with access to New Circle Road, I-64, and I-75. Its setting provides connectivity to the greater Lexington market, regional distribution routes, and major employment centers.
Located at 1115 Delaware Ave in Lexington, the property sits just off Winchester Road with access to New Circle Road, I-64, and I-75. Its setting provides connectivity to the greater Lexington market, regional distribution routes, and major employment centers.
Key Highlights
- ±27,940 SF industrial facility zoned I‑1 (Light Industrial)
- ±2,240 SF office/showroom component
- ±7,200 SF heated warehouse plus ±18,500 SF additional warehouse space
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.01 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
844
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
$11.65 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
30,561 SF
Avg Space Size
This space is priced 42% below the average of $11.65 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mark Jensen Catering — 120 Sherman Ave, Lexington, KY 40502
- 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
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned facility combines conditioned office/showroom areas with warehouse space and secure outdoor storage capacity.
Where is this flex space located?
The property is located at 1115 Delaware Ave Lexington, KY.
What is the lease rate?
The lease rate is $6.75 SF/Yr.
What are key features of this property?
This property features: ±27,940 SF industrial facility zoned I‑1 (Light Industrial); ±2,240 SF office/showroom component; ±7,200 SF heated warehouse plus ±18,500 SF additional warehouse space
