Flex Space With Retail
For Lease
$4,500/Mo
1465 Leestown Road, Lexington, KY 40511
Commercial Lease, Lexington, KY
Space SizeContact for details
Lot Size0.28 Acres
Days on Market120
Property Features for 1465 Leestown Road
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
B1
Parking
20
Subdivision
Meadowthorpe
Directions
From the interstate northbound turn on exit 113 and head towards lexington. turn right onto broadway and then turn right on new circle west. take exit 7 and heads toward lexington frankfort. turn left into parking lot.
Standard status
Active
APN
16854200
Size
4,500 SF
Lot size
0.28 Acres
Utilities
Sewer type
Public Sewer
Building Details
Year built
1953
Listing Agency:
High Point Realty & Auction
Listed By:
Kenneth Degrant · License #244885
(859) 200-2084
Added: May 15
Changed: Sep 6
Last Checked: Sep 11 at 1:06AM
MLS# 26010960
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1465 Leestown Road in Lexington, this flex property contains 4,500 square feet within a 0.28-acre site. The layout includes space suited to retail activity along with warehouse area positioned toward the rear, providing a combination of customer-facing and storage-oriented functions.
Constructed in 1953, the property includes on-site parking and is served by public sewer. Its Lexington location and mixed retail-warehouse configuration support a range of commercial space requirements within a single building.
Constructed in 1953, the property includes on-site parking and is served by public sewer. Its Lexington location and mixed retail-warehouse configuration support a range of commercial space requirements within a single building.
Key Highlights
- 4,500 square feet of flex space on a 0.28‑acre site
- Retail‑oriented area with warehouse space at the rear
- On‑site parking included
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40511, KY
36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value
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Market
Lease Benchmarks for Lexington, KY
$12.09 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
23,966 SF
Avg Space Size
This space is priced 1% below the average of $12.09 /SF/Yr.
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial property combines customer-facing space with rear warehouse functionality and on-site parking.
Where is this flex space located?
The property is located at 1465 Leestown Road Lexington, KY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 4,500 square feet of flex space on a 0.28‑acre site; Retail‑oriented area with warehouse space at the rear; On‑site parking included
