Flex Suite with Drive-In
For Lease
$7 SF/Yr
2430 Palumbo Drive #130, Lexington, KY 40509
Office, showroom, and warehouse areas support a range of business operations within one suite.
Space Size12,736 SF
Lot Size1.03 Acres
Days on Market969
Property Features for 2430 Palumbo Drive #130
General Information
Standard status
Active
Size
12,736 SF
Net Rentable
12,736 SF
Total Parking Spaces
55
Lot size
1.03 Acres
Zoning
I-1 Light Industrial
Space & Availability
Available Space
12,736 SF
Contiguous Space
12,736 SF
Space Use
Flex
Site & Location
Neighborhood
Liberty Area Nghd Assoc
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
6,242 SF
Office Build-Out
6,494 SF
Drive-In Doors
3
Three-Phase Power
Yes
Drive-In Door Height
12 ft
Warehouse Heated
Yes
Amenities
building signage
Building Details
Building Size
12,736 SF
Year Built
1975
Year Renovated
2013
Buildings
1
Stories
2
Construction
concrete block
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Bluegrasspropertiesgroup
Added: Mar 13, 2024
Changed: Nov 4
Last Checked: Nov 6 at 12:44AM
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.
Suite 130 offers 12,736 square feet, including 6,494 square feet of office and showroom space and 6,242 square feet of warehouse area. The finished portion includes eight private offices, two conference rooms, a training room, four restrooms, a break room, storage, and open office/showroom space. The warehouse has a 16-foot clear height and three 10-by-12-foot drive-in doors. The concrete block facility was built in 1975 and renovated in 2013, with 3-phase electric, suspended gas heat in the warehouse, and fluorescent lighting.
The property is zoned I-1 Light Industrial and has approximately 40 parking spaces. Building signage is available to tenants. Its location between New Circle Road and Man O War Boulevard is approximately 3.5 miles from the I-75/I-64 interchange.
The property is zoned I-1 Light Industrial and has approximately 40 parking spaces. Building signage is available to tenants. Its location between New Circle Road and Man O War Boulevard is approximately 3.5 miles from the I-75/I-64 interchange.
Key Highlights
- 12,736 SF suite with 6,494 SF office/showroom and 6,242 SF warehouse
- Warehouse includes three 10' x 12' drive‑in doors and 16' clear height
- Office/showroom area has eight offices, two conference rooms, and a training room
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
3
Drive-in doors
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40509, KY
44,572
Population
19,802
Households
2.3
Avg Household Size
36
Median Age
57%
College-Educated
95%
High-School Grad
47.8 sq mi
ZIP Area
932
Density / Sq Mi
$89,429
Median Household Income
$52,489
Median Earnings
$1,317
Median Rent
$338,200
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 36% below the average of $10.91 /SF/Yr.
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, and warehouse areas support a range of business operations within one suite.
Where is this flex space located?
The property is located at 2430 Palumbo Drive #130 Lexington, KY.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 12,736 SF suite with 6,494 SF office/showroom and 6,242 SF warehouse; Warehouse includes three 10' x 12' drive‑in doors and 16' clear height; Office/showroom area has eight offices, two conference rooms, and a training room
