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Flex Space with Warehouse Bay
For Lease
$14 SF/Yr

2031 Georgetown Rd, Lexington, KY 40511

The available suite combines private offices, collaborative rooms, cubicle areas, and warehouse space within an I-1-zoned property.

Space Size15,632 SF
Property Size40,828 SF
Lot Size5.46 Acres
Days on Market14

Property Features for 2031 Georgetown Rd

General Information

Standard status Active
Size 15,632 SF
Net Rentable 15,632 SF
Total Parking Spaces 313
Lot size 5.46 Acres
Property subtype Industrial
Zoning I-1
Lease Type NNN

Space & Availability

Available Space 15,632 SF
Contiguous Space 15,632 SF
Space Use Flex

Site & Location

Neighborhood Highlands Nghd Assoc
Road Access Yes

Warehouse & Industrial

Clear Height 18 ft
Dock-High Doors 1
Three-Phase Power Yes
Heavy Power Yes
Sprinkler System Yes

Amenities

backup generator
building signage

Building Details

Year Built 1998
Stories 1
Building Size 40,828 SF
Construction split-faced block/EIFS

Spaces For Lease

at 2031 Georgetown Rd
Available Space $14/Mo
Contact us
Listing Agency: Block & Lot Real Estate
Listed By: Peter Barr · License #65116
Source: Kcrea.resimplifi
Added: Oct 14 Changed: Oct 26 Last Checked: Oct 26 at 3:34PM

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

Rey
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Investment Insights

Based on property information with market context.

The 15,632-square-foot available suite is within a 40,828-square-foot, single-story flex building completed in 1998. Its office layout includes private offices, conference and breakout rooms, cubicle space, and break rooms, alongside warehouse area with 18-foot clear height and one dock door. The property also has heavy 3-phase power, a premises-specific diesel generator, wet sprinklers, and 313 parking spaces. The building sits on 5.46 acres and is zoned I-1.

At Georgetown Road and Capstone Drive, the site occupies a signalized corner on Lexington’s north side. I-64/I-75 is 1.7 miles away, and Bluegrass International Airport is 8 miles away. The property is less than 1/2 mile from the Citation Boulevard extension.

Key Highlights

  • 15,632 SF available within a 40,828‑square‑foot building
  • 18‑foot warehouse clear height and 1 dock door
  • Heavy 3‑phase power, wet sprinkler system, and premises‑specific diesel generator

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Aramark Refreshments Production Facility NetGain Technologies, LLC ... Tech Support Center

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Parking Lot & Garage Kitchen & Bath Showroom

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
1
Dock-high doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lexington, KY

$11.97 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,687 SF
Avg Space Size

This space is priced 17% above the average of $11.97 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Dottie's — 2300 Sandersville Rd, Lexington, KY 40511

Frequently Asked Questions

What type of property is this?
Flex space - The available suite combines private offices, collaborative rooms, cubicle areas, and warehouse space within an I-1-zoned property.
Where is this flex space located?
The property is located at 2031 Georgetown Rd Lexington, KY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 15,632 SF available within a 40,828‑square‑foot building; 18‑foot warehouse clear height and 1 dock door; Heavy 3‑phase power, wet sprinkler system, and premises‑specific diesel generator
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