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Warehouse with Dock and Drive-In Access
For Lease
$7 SF/Yr CAM $0.27 /USD/SF/YR

741 Westland Drive, Lexington, KY 40504

An open, heated interior offers flexible warehouse space with the option to configure a small office.

Space Size3,939 SF
Days on Market534

Property Features for 741 Westland Drive

General Information

Standard status Active
Size 3,939 SF
Net Rentable 3,939 SF
Zoning I-2
Lease Type NNN

Space & Availability

Available Space 3,939 SF
Contiguous Space 3,939 SF
Space Use Warehouse
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Warehouse Space 3,939 SF
Dock-High Doors 1
Drive-In Doors 1

Additional Details

CAM $0.27 /USD/SF/YR

Building Details

Building Size 3,939 SF
Year Built 1969
Buildings 1
Stories 1
Listing Agency: Block + Lot Homes
Listed By: Gregory Leveridge · License #215416
Source: Bluegrasspropertiesgroup
Added: May 12, 2025 Changed: Oct 25 Last Checked: Oct 26 at 3:34AM

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 Block + Lot Homes

Rey
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Investment Insights

Based on property information with market context.

This 3,939-square-foot warehouse has an open layout and I-2 zoning. Recent work includes a standing-seam metal roof, metal siding, electrical service, bay lighting, a restroom, and insulated dock and drive-in doors with operators. Suspended gas heat is rated at 300,000 BTU, and the interior can accommodate a small office. The building was constructed in 1969.

The property sits just off Old Frankfort Pike, with access to New Circle Road, I-75, I-64, and Bluegrass Airport. The space includes one dock door, one drive-in door, and parking. The lease is structured as NNN.

Key Highlights

  • 3,939 SF warehouse with open interior
  • Recent upgrades include roof, siding, electrical, bay lighting, and restroom
  • Suspended gas heat rated at 300,000 BTU

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Auto Parts Store Hair Salon

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
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40504, KY

26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$9.36 /SF/Yr
Avg Asking Price
$1.08–$22.08 /SF/Yr
Price Range
31,353 SF
Avg Space Size

This space is priced 25% below the average of $9.36 /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

  • TSI Warehouse — 735 Fox Industrial Rd, Lexington, KY 40504, United States
  • Safe Storage — 910 enterprise ct, lexington, ky 40510
  • Prime Storage — 910 Enterprise Ct, Lexington, KY 40510
  • A1 Portables — 801 Enterprise Dr, Lexington, KY 40510
  • Extra Space Storage — 2440 Mackinwood Dr, Lexington, KY 40510

Frequently Asked Questions

What type of property is this?
Warehouse - An open, heated interior offers flexible warehouse space with the option to configure a small office.
Where is this warehouse located?
The property is located at 741 Westland Drive Lexington, KY.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 3,939 SF warehouse with open interior; Recent upgrades include roof, siding, electrical, bay lighting, and restroom; Suspended gas heat rated at 300,000 BTU
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