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Office-Warehouse Building
For Lease
$4,500/Mo

128 Dennis Drive, Lexington, KY 40503

The property combines office and warehouse space in a mixed-use commercial building.

Space SizeContact for details
Property Size4,776 SF
Days on Market82

Property Features for 128 Dennis Drive

General Information

Standard status Active
Size 4,776 SF
Property subtype Mixed Use

Site & Location

Neighborhood Deerfield Comm Assoc Inc

Building Details

Building Size 4,776 SF
Year Built 1987
Listing Agency: Bluegrass Sotheby's International Realty
Listed By: Christopher Mitchell · License #197495
Source: Horseandhomeestates
Added: Aug 7 Changed: Oct 26 Last Checked: Oct 26 at 3:09PM

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 Bluegrass Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This 4,776-square-foot mixed-use property brings office and warehouse functions together under one roof. Built in 1987, the building offers a combination of professional workspace and industrial space.

The property is located at 128 Dennis Drive in Lexington, Kentucky.

Key Highlights

  • 4,776‑square‑foot mixed‑use office and warehouse building
  • Built in 1987
  • Located at 128 Dennis Drive in Lexington, Kentucky

Property Analytics

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

Current Use

Atlanta Prime Insurance ... Insurance Agency Claire Lewis Marriage Or Relationship Counselor Bookman's Electrical Services Electrical Service

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Nursing Home

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

NNN (Triple Net)
Lease Type
$1.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,885
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$30.03 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
33,938 SF
Avg Space Size

This space is priced 62% below the average of $30.03 /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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines office and warehouse space in a mixed-use commercial building.
Where is this mixed-use property 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 mixed‑use office and warehouse building; Built in 1987; Located at 128 Dennis Drive in Lexington, Kentucky
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