Flex Space
For Sale
Contact for pricing
1850 Bryant Road, Lexington, KY 40509
Light industrial suite within a larger office and warehouse complex on a multi-acre site.
Property Size101,000 SF
Lot Size7.10 Acres
Price / SF$0.00
Days on Market137
Property Features for 1850 Bryant Road
General Information
Standard status
Active
Size
101,000 SF
Lot size
7.10 Acres
Property subtype
Office
Zoning
I-1 Light Industrial
Lease Term
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
101,000 SF
Buildings
1
Listing Agency:
NAI Isaac
Listed By:
Al Isaac · License #KY #223721
(859) 221-4000
Source:
Naiisaac
Added: Jun 2
Changed: Sep 14
Last Checked: Aug 29 at 2:09PM
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 NAI Isaac
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Investment Insights
Based on property information with market context.
Suite 110 comprises approximately 6,000 square feet within an approximately 101,000-square-foot office and warehouse building. The broader property occupies approximately 7.10 acres and is designated I-1 for light industrial use. The configuration combines office and warehouse components within a larger flex-oriented commercial setting.
The property is situated on Bryant Road in Lexington’s Hamburg area, near Man O’ War Boulevard and Exit 108 on I-75. This placement provides access to a major interstate connection and established commercial corridors.
The property is situated on Bryant Road in Lexington’s Hamburg area, near Man O’ War Boulevard and Exit 108 on I-75. This placement provides access to a major interstate connection and established commercial corridors.
Key Highlights
- Approximately 6,000 SF in Suite 110
- Approximately 101,000 SF office and warehouse building
- Approximately 7.10‑acre property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,194
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,880
$703.9K
Cap Rate 7%
$502,771
$502.8K
Cap Rate 9%
$391,044
$391.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$57.6K $9.60/SF
− Vacancy
−$3.5K −$0.58/SF
EGI
$54.1K $9.02/SF
− OpEx
−$19.0K −$3.16/SF
NOI
$35.2K $5.87/SF
Area
ZIP 40509
Vacancy
6.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,880
Cap Rate 7%
$502,771
Cap Rate 9%
$391,044
Alternative Uses
Best Use
Office B
$1.07M
$936.2K – $1.25M
NOI $74,892 @ 7.0% cap · market cap 683,945.21%
Second Best
Warehouse
$616.4K
$539.3K – $719.1K
NOI $43,146 @ 7.0% cap · market cap 394,027.40%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,506 @ 7.0% cap · market cap 799,141.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
Under-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial suite within a larger office and warehouse complex on a multi-acre site.
Where is this flex space located?
The property is located at 1850 Bryant Road Lexington, KY.
What are key features of this property?
This property features: Approximately 6,000 SF in Suite 110; Approximately 101,000 SF office and warehouse building; Approximately 7.10‑acre property
