Flex Building with Fenced
For Lease
$13 SF/Yr
124 Trade Street, Lexington, KY 40511
A separate garage and climate-controlled storage areas complement the building’s substantial office and warehouse configuration.
Space SizeContact for details
Property Size6,812 SF
Lot Size1.00 Acre
Days on Market1103
Property Features for 124 Trade Street
General Information
Standard status
Active
Size
6,812 SF
Lot size
1.00 Acre
Zoning
I-1 Light Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Warehouse Space
3,800 SF
Office Build-Out
3,000 SF
Conditioned Warehouse
Yes
Additional Details
Space Use
Flex
Building Details
Building Size
6,812 SF
Year Built
1985
Buildings
2
Stories
1
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Adam Boardman · License #72655
(859) 338-8243
Source:
Bluegrasspropertiesgroup
Added: Oct 31, 2023
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.
At 124 Trade Street, this freestanding flex property includes 6,812 square feet on a 1-acre site. The main building has approximately 3,000 square feet of office space and 3,800 square feet of warehouse and storage area. Its office layout includes eight private offices, a conference room, reception area, and kitchenette. The warehouse is divided into two climate-controlled sections and has a 10' x 9' overhead door.
A separate 1,200-square-foot garage behind the main building offers four bay doors. The rear yard is enclosed with fencing and secured. The property is zoned I-1 Light Industrial and was built in 1985.
The site is just off Leestown Road, with New Circle Road, the I-75/I-64 interchange, and Downtown Lexington described as minutes away.
A separate 1,200-square-foot garage behind the main building offers four bay doors. The rear yard is enclosed with fencing and secured. The property is zoned I-1 Light Industrial and was built in 1985.
The site is just off Leestown Road, with New Circle Road, the I-75/I-64 interchange, and Downtown Lexington described as minutes away.
Key Highlights
- Freestanding flex building with approximately 3,000 SF of office space and 3,800 SF of warehouse/storage space
- Two climate‑controlled warehouse areas and a 10' x 9' overhead door
- Eight private offices, conference room, reception area, and kitchenette
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Well-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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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 19% above the average of $10.91 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Firehouse Subs Leestown — 1781 Sharkey Way, Lexington, KY 40511
- Miss Milolo cuisine — 1718 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 - A separate garage and climate-controlled storage areas complement the building’s substantial office and warehouse configuration.
Where is this flex space located?
The property is located at 124 Trade Street Lexington, KY.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Freestanding flex building with approximately 3,000 SF of office space and 3,800 SF of warehouse/storage space; Two climate‑controlled warehouse areas and a 10' x 9' overhead door; Eight private offices, conference room, reception area, and kitchenette
