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Flex Space with Office and Warehouse
For Lease
$12 SF/Yr

1701 Payne St, Louisville, KY 40206

Corner property combines private offices, collaborative areas, storage, and on-site parking with exterior patios and signage exposure.

Space Size10,000 SF
Days on Market71

Property Features for 1701 Payne St

General Information

Standard status Active
Size 10,000 SF
Net Rentable 10,000 SF
Total Parking Spaces 34
Property subtype Office
Zoning OR1
Lease Type NNN

Space & Availability

Available Space 10,000 SF
Contiguous Space 10,000 SF
Space Use Flex
Private Offices 10
Meeting Rooms 2

Warehouse & Industrial

Warehouse Space 3,000 SF
Office Build-Out 7,000 SF

Amenities

training room
open work area
reception area
kitchen/break room
restrooms
storage garage
warehouse/gym
basement with additional storage
exterior patios
beautiful landscaping
Parking On-Site & Street
Great Corner w/ Easy Access & Exposure/Signage
34 Parking Spaces

Building Details

Year Built 1986
Tenancy Single Tenant
Building Size 10,000 SF

Spaces For Lease

at 1701 Payne St Contact us

Available Space $12/Mo

Contact us
Listing Agency: CORE Real Estate Partners
Listed By: Tyler Smith · License #215060
Source: Kcrea.resimplifi
Added: Jun 22 Changed: Aug 30 Last Checked: Aug 30 at 1:26PM

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 CORE Real Estate Partners

Investment Insights

Based on property information with market context.

This 10,000-square-foot flex property at 1701 Payne St includes 7,000 square feet of office space and 3,000 square feet dedicated to warehouse and storage use. The office component provides 10 private offices, two conference rooms, a training room, open work area, reception area, kitchen and break room, and restrooms. Additional features include a storage garage, warehouse and gym area, basement storage, and exterior patios.

The property offers on-site and street parking, with a corner position providing access and exposure for signage. Built in 1986, the building is zoned OR1 and located in Louisville, KY 40206.

Key Highlights

  • 10,000 SF total property with 7,000 SF of office space and 3,000 SF of warehouse/storage
  • 10 private offices, 2 conference rooms, training room, open work area, and reception area
  • Storage garage, warehouse/gym area, and basement with additional storage

Property Analytics

Current Use

Air Equipment Company Big Box & Wholesale Store

Suggested Use

Top Pick Dental Office Auto Parts Store Daycare Center Home Appliance Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40206, KY

20,196
Population
11,637
Households
1.7
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
3,482
Density / Sq Mi
$72,543
Median Household Income
$48,506
Median Earnings
$1,142
Median Rent
$276,100
Median Home Value

Market

Lease Benchmarks for Louisville, KY

$10.94 /SF/Yr
Avg Asking Price
$10.38–$11.5 /SF/Yr
Price Range
30,623 SF
Avg Space Size

This space is priced 10% above the average of $10.94 /SF/Yr.

Vacancy Rate% for Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • The Black Italian 2009 Highland Ave, Louisville, KY 40204
  • Crowler Catering and Small Batch Events 303 S Spring St, Louisville, KY 40206
  • The Conscious Cocktailer 1515 Payne St, Louisville, KY 40206
  • Office First Kitchen 141 n spring st, louisville, ky 40206
  • Divinity Fine Catering 2054 Frankfort Ave, Louisville, KY 40206

Frequently Asked Questions

What type of property is this?
Flex space - Corner property combines private offices, collaborative areas, storage, and on-site parking with exterior patios and signage exposure.
Where is this flex space located?
The property is located at 1701 Payne St Louisville, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 10,000 SF total property with 7,000 SF of office space and 3,000 SF of warehouse/storage; 10 private offices, 2 conference rooms, training room, open work area, and reception area; Storage garage, warehouse/gym area, and basement with additional storage
More about this property
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