Flex Space with Glass
For Lease
$14 SF/Yr
949 National Avenue #157, Lexington, KY 40502
B-4 zoning accommodates a climate-controlled office area alongside warehouse space with a drive-in door.
Space Size1,250 SF
Days on Market701
Property Features for 949 National Avenue #157
General Information
Standard status
Active
Size
1,250 SF
Net Rentable
1,250 SF
Zoning
B-4
Space & Availability
Available Space
1,250 SF
Contiguous Space
1,250 SF
Space Use
Flex
Site & Location
Neighborhood
Mentelle Neighborhood Assoc
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
15 ft
Warehouse Space
1,082 SF
Office Build-Out
168 SF
Drive-In Doors
1
Power
200 amps
Three-Phase Power
Yes
Drive-In Door Height
12 ft
Warehouse Heated
Yes
Building Details
Building Size
1,250 SF
Year Built
2019
Stories
1
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Bluegrasspropertiesgroup
Added: Dec 6, 2024
Changed: Nov 4
Last Checked: Nov 6 at 12:45AM
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
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Investment Insights
Based on property information with market context.
This 1,250 SF flex unit at 949 National Avenue, Suite 157, was built in 2019 and is zoned B-4. Its 168 SF office area has climate control, an open work area, LVP flooring, a glass storefront, and one restroom. The remaining 1,082 SF is warehouse space, served by a 10' x 12' drive-in door. Clear height ranges from 13' to 15'; building features also include LED lighting, suspended gas heat, and 200 AMP/3 phase electrical service.
The property sits at the intersection of National Avenue and Richmond Avenue, with access from Richmond Road and Winchester Road. New Circle Road is less than 2 miles away, and I-64/I-75 and downtown Lexington are nearby.
The property sits at the intersection of National Avenue and Richmond Avenue, with access from Richmond Road and Winchester Road. New Circle Road is less than 2 miles away, and I-64/I-75 and downtown Lexington are nearby.
Key Highlights
- 1,250 SF total, including 168 SF of office and 1,082 SF of warehouse space
- B‑4 zoning
- One 10'x12' drive‑in door
Property Analytics
Who owns this building?
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Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
961
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 40502, KY
26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
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
$10.91 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
25,466 SF
Avg Space Size
This space is priced 28% above the average of $10.91 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Mark Jensen Catering — 120 Sherman Ave, Lexington, KY 40502
- Entre Vous — 1006 Delaware Ave, Lexington, KY 40505
- Selma's Catering & Events — 720 Henry Clay Blvd, Lexington, KY 40505
- Bayleaf Diaspora Kitchen — 962 Delaware Ave, Lexington, KY 40508
- Vegan Nepal — 962 Delaware Ave, Lexington, KY 40505
Frequently Asked Questions
What type of property is this?
Flex space - B-4 zoning accommodates a climate-controlled office area alongside warehouse space with a drive-in door.
Where is this flex space located?
The property is located at 949 National Avenue #157 Lexington, KY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 1,250 SF total, including 168 SF of office and 1,082 SF of warehouse space; B‑4 zoning; One 10'x12' drive‑in door
