Renovated Flex
For Lease
$10.50 SF/Yr
182 Turner Commons Way, Lexington, KY 40508
Adaptable commercial space with drive-in access, upgraded building systems, and convenient surface parking.
Space SizeContact for details
Days on Market1175
Property Features for 182 Turner Commons Way
General Information
Standard status
Active
Property subtype
Industrial
Zoning
PUD-3
Lease Type
NNN
Building Details
Year Built
1951
Spaces For Lease
at 182 Turner Commons Way
Available Space
$10.50/Mo
Listing Agency:
Block & Lot Real Estate
Listed By:
Amy Mellinger · License #210462
(859) 619-5369
Source:
Kcrea.resimplifi
Added: Jul 31, 2023
Changed: Oct 7
Last Checked: Oct 16 at 5:57AM
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 Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space at 182 Turner Commons Way offers 6,410–12,840 SF of available area within a renovated commercial facility. The building features 13'–28' ceiling heights, 15' x 17' column spacing, LED lighting, concrete slab floors, gas heat, a dry sprinkler system, and a new metal roof. Additional improvements include insulated block construction, 200 AMP service, and available drive-in doors. Renovations were completed in 2023.
The property is part of The Commons mixed-use development, with surface parking, LED site lighting, walking trails, green space, and security patrol supported by surveillance cameras. It is under a mile from New Circle Road, less than 5 miles from I-75/I-64, and located blocks from Downtown and Lexington's Central Business District.
The property is part of The Commons mixed-use development, with surface parking, LED site lighting, walking trails, green space, and security patrol supported by surveillance cameras. It is under a mile from New Circle Road, less than 5 miles from I-75/I-64, and located blocks from Downtown and Lexington's Central Business District.
Key Highlights
- 6,410‑12,840 SF available
- Renovated in 2023
- 13' - 28' ceiling height
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.58 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,042
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 40508, KY
25,586
Population
11,458
Households
2.2
Avg Household Size
26
Median Age
36%
College-Educated
86%
High-School Grad
4.2 sq mi
ZIP Area
6,092
Density / Sq Mi
$28,040
Median Household Income
$13,316
Median Earnings
$900
Median Rent
$174,900
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$12.05 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,783 SF
Avg Space Size
This space is priced 13% below the average of $12.05 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Dupree Catering + Events — 201 E Main St #1500, Lexington, KY 40507
- Bons Temps Catering — 200 W High St, Lexington, KY 40507
- Moveable Feast Inc — 474 Silver Maple Way, Lexington, KY 40508
- IP & J Cuban Food — 402 N Upper St, Lexington, KY 40508
- Apiary Fine Catering & Events — 218 Jefferson St, Lexington, KY 40508
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial space with drive-in access, upgraded building systems, and convenient surface parking.
Where is this flex space located?
The property is located at 182 Turner Commons Way Lexington, KY.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: 6,410‑12,840 SF available; Renovated in 2023; 13' - 28' ceiling height
