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Flex Space with Drive-In Doors
For Lease
$9 SF/Yr

133 Trade Street #1-3, Lexington, KY 40511

Industrial suite with office buildout, clear-span space, and three-phase electric service.

Space Size10,725 SF
Days on Market1104

Property Features for 133 Trade Street #1-3

General Information

Standard status Active
Size 10,725 SF
Net Rentable 10,725 SF
Total Parking Spaces 55
Zoning I-1 Light Industrial

Space & Availability

Available Space 10,725 SF
Contiguous Space 10,725 SF
Space Use Flex

Warehouse & Industrial

Clear Height 16 ft
Clear Span Yes
Drive-In Doors 3
Three-Phase Power Yes
Drive-In Door Height 14 ft
Warehouse Heated Yes

Building Details

Building Size 10,725 SF
Year Built 1987
Buildings 1
Stories 1
Construction block/metal
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License #65116
Source: Bluegrasspropertiesgroup
Added: Oct 30, 2023 Changed: Nov 5 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

Rey
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Investment Insights

Based on property information with market context.

Suite 1–3 offers 10,725 square feet within a flex/industrial building constructed in 1987. The space includes a build-to-suit office area, clear-span warehouse space, three-phase electric service, and three drive-in doors measuring 12 feet by 14 feet. Building features include block and metal construction, a 125-foot depth, 16-foot clear height, fluorescent warehouse lighting, and suspended gas heat. Approximately 50 parking spaces serve the property.

The property is in Leestown Industrial Park in northwest Lexington. Leestown Road has undergone improvements, and the Citation Boulevard extension is nearby. Companies in the surrounding area include Avon, Coca-Cola, FedEx, UPS, Cintas, U-Haul, and Amazon.

Key Highlights

  • 10,725 SF suite with build‑to‑suit office area
  • Three 12' x 14' drive‑in doors
  • 16' clear height and 125' building depth

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Motion Church Church Rivers Church Church Kenway Distributors, Inc General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Hair Salon Dental Office Parking Lot & Garage

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

16 ft
Clear height
3
Drive-in doors
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property 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 17% below the average of $10.91 /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

  • Firehouse Subs Leestown — 1781 Sharkey Way, Lexington, KY 40511
  • Lexington KY Caterers-Smokin' Jax Grill BBQ Caterers — 2408 Merchant St, Lexington, KY 40511

Frequently Asked Questions

What type of property is this?
Flex space - Industrial suite with office buildout, clear-span space, and three-phase electric service.
Where is this flex space located?
The property is located at 133 Trade Street #1-3 Lexington, KY.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 10,725 SF suite with build‑to‑suit office area; Three 12' x 14' drive‑in doors; 16' clear height and 125' building depth
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