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Freestanding Retail/Flex Building
For Lease
$12.76 SF/Yr

1490 Flemingsburg Rd, Morehead, KY 40351

Freestanding retail/flex building with roll-up garage door, secured storage, and wraparound patio on KY 32 near I-64.

Space Size8,463 SF
Lot Size1.20 Acres
Days on Market109

Property Features for 1490 Flemingsburg Rd

General Information

Standard status Active
Size 8,463 SF
Lot size 1.20 Acres
Property subtype Retail
Lease Term NNN

Site & Location

Traffic Count 28,905 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

roll-up garage door with secured storage area
large wrap around front exterior patio
large monument signage position

Building Details

Building Size 8,463 SF

Spaces For Lease

at 1490 Flemingsburg Rd Contact us

Building $12.76/SF/Yr

Size
8,463 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency: NAI Isaac
Listed By: Zach Smith, CCIM
Source: Naiglobal
Added: May 19 Changed: Aug 21 Last Checked: Sep 4 at 5:40AM

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 NAI Isaac

Investment Insights

Based on property information with market context.

A freestanding retail/flex building offered for lease featuring a roll-up garage door and a secured storage area, along with a large wraparound front exterior patio and a monument signage position. The property provides direct ingress and egress from Flemingsburg Road and is suited for an owner occupant or private investor, with approximately 8,463 square feet on about 1.198 acres.

The site is located on Flemingsburg Road (KY 32) near I-64 at Exit 137, with an estimated daily traffic count of approximately 28,905 vehicles per day in front of the property. It is adjacent to Ace Hardware.

Regional retailers in the area include Walmart, Kroger, Lowes, Burkes Outlet, Starbucks, and Cracker Barrel. Morehead State University is about 3.5 miles away, and St. Claire Regional Medical Center is about 2.8 miles away.

Key Highlights

  • +/-8,463 SF freestanding retail/flex building on +/-1.198 AC on Flemingsburg Road (KY 32)
  • Direct ingress/egress from KY 32 with daily traffic count of +/-28,905 VPD in front of the site
  • Location near I‑64 at Exit 137, less than 1 mile from the interchange

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon Pharmacy Storage Facility Garden Center

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

28,905 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.91 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40351, KY

22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Freestanding retail/flex building with roll-up garage door, secured storage, and wraparound patio on KY 32 near I-64.
Where is this flex space located?
The property is located at 1490 Flemingsburg Rd Morehead, KY.
What is the lease rate?
The lease rate is $12.76 SF/Yr.
What are key features of this property?
This property features: +/-8,463 SF freestanding retail/flex building on +/-1.198 AC on Flemingsburg Road (KY 32); Direct ingress/egress from KY 32 with daily traffic count of +/-28,905 VPD in front of the site; Location near I‑64 at Exit 137, less than 1 mile from the interchange
More about this property
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