Flex Space with Heated
For Lease
$819/Mo
381 United Court #04, Lexington, KY 40509
I-1 zoning and nearby interstate connections support a range of light industrial operations.
Space Size1,000 SF
Property Size11,000 SF
Days on Market855
Property Features for 381 United Court #04
General Information
Standard status
Active
Size
1,000 SF
Net Rentable
1,000 SF
Zoning
I-1 Light Industrial
Space & Availability
Available Space
1,000 SF
Contiguous Space
1,000 SF
Space Use
Flex
Site & Location
Neighborhood
Old Richmond Rd Nghd Assoc
Highway Access
Yes
Warehouse & Industrial
Warehouse Space
740 SF
Office Build-Out
260 SF
Warehouse Heated
Yes
Building Details
Building Size
11,000 SF
Year Built
1989
Stories
1
Listing Agency:
Anderson Communities, Inc.
Listed By:
Dennis R Anderson
(859) 231-0099
Source:
Bluegrasspropertiesgroup
Added: Jul 5, 2024
Changed: Nov 4
Last Checked: Nov 6 at 12:37AM
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 Anderson Communities, Inc.
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Investment Insights
Based on property information with market context.
Flex space units in Lexington offer a combined office and warehouse layout. Each unit is approximately 1,000 SF, with 260 SF of office area and 740 SF of warehouse space. The office has a half bath and air conditioning; the warehouse is heated and served by a 14-foot bay door. The property was built in 1989 and has a stated property size of 11,000 SF.
The site is near I-75, with driving connections to I-64, Man O' War Boulevard, New Circle Road (KY Route 4), and downtown Lexington. Zoning is I-1 Light Industrial.
The site is near I-75, with driving connections to I-64, Man O' War Boulevard, New Circle Road (KY Route 4), and downtown Lexington. Zoning is I-1 Light Industrial.
Key Highlights
- Approximately 1,000 SF per unit, including 260 SF of office and 740 SF of warehouse
- Heated warehouse with a 14' bay door
- Office area includes a half bath and AC
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Well-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
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
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - I-1 zoning and nearby interstate connections support a range of light industrial operations.
Where is this flex space located?
The property is located at 381 United Court #04 Lexington, KY.
What is the lease rate?
The lease rate is $819/Mo.
What are key features of this property?
This property features: Approximately 1,000 SF per unit, including 260 SF of office and 740 SF of warehouse; Heated warehouse with a 14' bay door; Office area includes a half bath and AC
