Flex Space with Office
New
For Lease
$4,500/Mo
128 Dennis Drive, Lexington, KY 40503
COMMERCIAL - Lexington, KY
Space SizeContact for details
Property Size4,776 SF
Lot Size0.29 Acres
Days on Market2
Property Features for 128 Dennis Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
B-4
Zoning description
B-4
Security features
Security System
Subdivision
Commercial
Directions
Nicholasville Road to Dennis Drive. Property on your left at the end of the parking lot.
Standard status
Active
APN
20056730
Size
4,776 SF
Lot size
0.29 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1987
Floors in Building
2
Listing Agency:
Bluegrass Sotheby's International Realty
(859) 268-0099
Listed By:
Christopher Mitchell · License #197495
(859) 321-2898
Added: Aug 7
Last Checked: Aug 8 at 3:06PM
MLS# 26021310
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Investment Insights
Based on property information with market context.
This 4,776-square-foot flex property at 128 Dennis Drive combines office and warehouse areas within a building constructed in 1987. The configuration supports a mix of professional workspace and industrial functions, with potential fit for contractors, distributors, and service companies as identified in the property information. Heat pump heating and cooling serve the building, while cable is available and public sewer is provided.
The property occupies 0.29 acres in Lexington, Kentucky, and carries B-4 zoning. Its South Lexington setting provides an established commercial location for businesses seeking a combined office and warehouse footprint. The facility is offered for rent.
The property occupies 0.29 acres in Lexington, Kentucky, and carries B-4 zoning. Its South Lexington setting provides an established commercial location for businesses seeking a combined office and warehouse footprint. The facility is offered for rent.
Key Highlights
- 4,776‑square‑foot flex property with office and warehouse areas
- 0.29‑acre commercial site in South Lexington
- B‑4 zoning
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40503, KY
28,073
Population
13,437
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,190
Density / Sq Mi
$74,161
Median Household Income
$43,061
Median Earnings
$1,110
Median Rent
$280,000
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$11.41 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
33,391 SF
Avg Space Size
This space is priced 1% below the average of $11.41 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Creative Table Kitchen and Catering — 185 Pasadena Dr #150, Lexington, KY 40503, United States
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial facility combines professional workspace with functional warehouse capacity for business operations.
Where is this flex space located?
The property is located at 128 Dennis Drive Lexington, KY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 4,776‑square‑foot flex property with office and warehouse areas; 0.29‑acre commercial site in South Lexington; B‑4 zoning
