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Warehouse with Office Space
For Lease
$7 SF/Yr

2156 Young Drive, Lexington, KY 40502

Dock-level and drive-in loading doors support a range of warehouse operations.

Space Size31,000 SF
Days on Market941

Property Features for 2156 Young Drive

General Information

Standard status Active
Size 31,000 SF
Net Rentable 31,000 SF
Total Parking Spaces 55
Zoning I-1

Space & Availability

Available Space 31,000 SF
Contiguous Space 31,000 SF
Space Use Warehouse

Site & Location

Neighborhood Idle Hour Neighbors Alliance

Warehouse & Industrial

Office Build-Out 3,000 SF
Dock-High Doors 2
Drive-In Doors 2

Amenities

conference room
kitchen/break area
rest rooms

Building Details

Year Built 1960
Buildings 1
Stories 1
Listing Agency: The Gibson Company
Listed By: Ed Richardson · License #209184
Source: Bluegrasspropertiesgroup
Added: Apr 1, 2024 Changed: Oct 25 Last Checked: Oct 26 at 3:33AM

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 The Gibson Company

Rey
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Investment Insights

Based on property information with market context.

This 31,000-square-foot warehouse includes approximately 3,000 square feet of office area, with a conference room, kitchen and break area, and restrooms. Loading is served by two dock-level doors and two drive-in doors. The building dates to 1960 and is zoned I-1.

The property is located within New Circle Road in Lexington, Kentucky, and is available for lease.

Key Highlights

  • 31,000‑square‑foot warehouse
  • Approximately 3,000 square feet of office space
  • Two dock‑level doors and two drive‑in doors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Master Built Trailers Car Dealership Sword Performance Corporate Office

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Nail Salon Hair Salon (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

2
Dock-high doors
2
Drive-in doors
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40502, KY

26,080
Population
14,232
Households
1.8
Avg Household Size
40
Median Age
67%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
3,673
Density / Sq Mi
$73,939
Median Household Income
$46,197
Median Earnings
$1,068
Median Rent
$483,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$9.36 /SF/Yr
Avg Asking Price
$1.08–$22.08 /SF/Yr
Price Range
31,353 SF
Avg Space Size

This space is priced 25% below the average of $9.36 /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

  • My 3 Sons Moving Lexington — 2121 Richmond Rd #202b, Lexington, KY 40502
  • W T Young Storage Co — 2425 Palumbo Dr, Lexington, KY 40509
  • Safeway Moving & Storage — 2305 Palumbo Dr, Lexington, KY 40509
  • Vincent Fister Inc. — 2305 Palumbo Dr, Lexington, KY 40509
  • Space Center Storage — 2135 Christian Rd, Lexington, KY 40509

Frequently Asked Questions

What type of property is this?
Warehouse - Dock-level and drive-in loading doors support a range of warehouse operations.
Where is this warehouse located?
The property is located at 2156 Young Drive Lexington, KY.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 31,000‑square‑foot warehouse; Approximately 3,000 square feet of office space; Two dock‑level doors and two drive‑in doors
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