Office-Flex Space with Drive-In
For Lease
$11 SF/Yr
1051 Floyd Drive #150, Lexington, KY 40505
The suite combines enclosed and open offices with warehouse space, two ADA bathrooms, and a kitchenette.
Space Size3,695 SF
Days on Market922
Property Features for 1051 Floyd Drive #150
General Information
Standard status
Active
Size
3,695 SF
Net Rentable
3,695 SF
Zoning
I-1
Space & Availability
Available Space
3,695 SF
Contiguous Space
3,695 SF
Space Use
Flex
Site & Location
Neighborhood
Meadows/Loudon Nghd Assoc
Warehouse & Industrial
Warehouse Space
2,078 SF
Office Build-Out
1,617 SF
Drive-In Doors
1
Building Details
Building Size
3,695 SF
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Ernie B Arnold
(859) 312-3598
Source:
Bluegrasspropertiesgroup
Added: Apr 19, 2024
Changed: Oct 26
Last Checked: Oct 26 at 3:33AM
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
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Investment Insights
Based on property information with market context.
This 3,695-square-foot office-flex suite includes 1,617 square feet of office area and 2,078 square feet of warehouse space. The office layout has a front vestibule, two enclosed offices, and two large open offices. Two ADA bathrooms and a kitchenette are also included.
A man door is located at both the front and rear of the building, with a drive-in door at the back. The property is zoned I-1.
A man door is located at both the front and rear of the building, with a drive-in door at the back. The property is zoned I-1.
Key Highlights
- 3,695 square feet total: 1,617 square feet of office and 2,078 square feet of warehouse
- Two enclosed offices and two large open offices
- Two ADA bathrooms and a kitchenette
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
946
Businesses Nearby
Under-served
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 8% below the average of $11.97 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Athenian Grill Office — 1117 Winchester Rd, Lexington, KY 40505
- Up In Smome BBQ - Food truck and Catering — 1650 Bryan Station Rd, Lexington, KY 40505
Frequently Asked Questions
What type of property is this?
Flex space - The suite combines enclosed and open offices with warehouse space, two ADA bathrooms, and a kitchenette.
Where is this flex space located?
The property is located at 1051 Floyd Drive #150 Lexington, KY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 3,695 square feet total: 1,617 square feet of office and 2,078 square feet of warehouse; Two enclosed offices and two large open offices; Two ADA bathrooms and a kitchenette
