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Dock-Access Flex Space
For Lease
$10 SF/Yr

1141 Commercial Drive #1, Lexington, KY 40502

Office and warehouse functions share a suite with restroom facilities and dock-level loading.

Space Size3,300 SF
Property Size7,600 SF
Days on Market456

Property Features for 1141 Commercial Drive #1

General Information

Standard status Active
Size 3,300 SF
Net Rentable 3,300 SF
Zoning B-4

Space & Availability

Available Space 3,300 SF
Contiguous Space 3,300 SF

Site & Location

Neighborhood Meadows/Loudon Nghd Assoc
Highway Access Yes
Road Access Yes

Additional Details

Dock-High Doors 1

Building Details

Building Size 7,600 SF
Buildings 1
Listing Agency: The Gibson Company
Listed By: Ed Richardson · License #209184
Source: Bluegrasspropertiesgroup
Added: Jul 30, 2025 Changed: Oct 25 Last Checked: Oct 26 at 3:37AM

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

Rey
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Investment Insights

Based on property information with market context.

This 3,300-square-foot flex suite combines office and warehouse space, with one dock-level door and two restrooms. The space is zoned B-4 and offers access to New Circle and Winchester Road.

Key Highlights

  • 3,300 SF office and warehouse suite
  • One dock‑level door
  • Two restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

MCGLOTHIN CONSULTING GROUP Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Spa & Massage Center Hotel & Motel Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,079
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40502, KY

26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$11.97 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,687 SF
Avg Space Size

This space is priced 16% below the average of $11.97 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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 - Office and warehouse functions share a suite with restroom facilities and dock-level loading.
Where is this flex space located?
The property is located at 1141 Commercial Drive #1 Lexington, KY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 3,300 SF office and warehouse suite; One dock‑level door; Two restrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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