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New Industrial Flex Development
For Lease
$9.75 SF/Yr

1865 Liberty Road, Lexington, KY 40505

New flex space with build-to-suit offices, loading infrastructure, and access to Lexington’s eastern corridor.

Space Size3,980 SF - 37,208 SF
Property Size62,988 SF
Lot Size3.67 Acres
Days on Market9

Property Features for 1865 Liberty Road

General Information

Standard status Active
Size 3,980 SF - 37,208 SF
Net Rentable 3,980 SF
Total Parking Spaces 129
Lot size 3.67 Acres

Space & Availability

Available Space 3,980-37,208 SF
Divisible Yes
Space Use Flex

Warehouse & Industrial

Clear Height 18 ft
Dock-High Doors 17
Drive-In Doors 16
Three-Phase Power Yes

Building Details

Buildings 2
Building Size 62,988 SF
Construction pre-engineered metal
Listing Agency: Block + Lot Homes
Listed By: Alaina Stokes · License #74753
Source: Exprealty
Added: Jul 29 Changed: Aug 6 Last Checked: Aug 6 at 1:51AM

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

Investment Insights

Based on property information with market context.

Liberty Station is a planned industrial flex development comprising two pre-engineered metal buildings scheduled for completion in Q1 2027. The project will deliver 62,988 SF across 3.67 acres, with suites ranging from 3,980 SF to 37,208 SF. Planned improvements include build-to-suit office areas with glass storefronts, LED lighting, 16'-18' clear heights, 6" reinforced concrete floors, 3-phase electric, suspended gas heat, and single-column-line spacing. Loading infrastructure includes 17 dock doors with edge-of-dock levelers and 16 10'x12' drive-in doors. The development will also provide 129 parking spaces and building signage for new tenants.

The property is near the intersection of New Circle Road and Liberty Road in Lexington’s eastern corridor. Access to I-64/I-75 is approximately 3 miles via the Winchester Road exit of New Circle Road. Downtown Lexington, Lexus of Lexington, The Warehouse Block, Hamburg Pavilion, and retail amenities along Richmond Road are nearby.

Key Highlights

  • 62,988 SF industrial flex development on 3.67 acres
  • Two pre‑engineered metal buildings scheduled for completion in Q1 2027
  • Suite sizes from 3,980 SF to 37,208 SF

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Locksmith Nail Salon Acupuncture (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

18 ft
Clear height
17
Dock-high doors
16
Drive-in doors
NNN (Triple Net)
Lease Type
$1.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40505, KY

26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$11.41 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
33,391 SF
Avg Space Size

This space is priced 15% below the average of $11.41 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - New flex space with build-to-suit offices, loading infrastructure, and access to Lexington’s eastern corridor.
Where is this flex space located?
The property is located at 1865 Liberty Road Lexington, KY.
What is the lease rate?
The lease rate is $9.75 SF/Yr.
What are key features of this property?
This property features: 62,988 SF industrial flex development on 3.67 acres; Two pre‑engineered metal buildings scheduled for completion in Q1 2027; Suite sizes from 3,980 SF to 37,208 SF
More about this property
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