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Lexington Industrial Space For Lease
For Lease
$10 SF/Yr Modified Gross

2408 Over Dr, Lexington, KY 40511

6,732 SF industrial space with seven drive-in doors.

Space SizeContact for details
Lot Size1.00 Acre
Days on Market202

Property Features for 2408 Over Dr

General Information

Standard status Active
Total Parking Spaces 28
Lot size 1.00 Acre
Property subtype Industrial
Zoning I-1
Lease Type Modified Gross

Amenities

28 Parking Spaces

Building Details

Year Built 1987

Spaces For Lease

at 2408 Over Dr Contact us

Available Space $10/Mo

Contact us
Listing Agency: SVN Stone Commercial Real Estate
Listed By: Neal Metcalfe · License #217705
Source: Kcrea.resimplifi
Added: Mar 10 Changed: Sep 19 Last Checked: Sep 26 at 3:43AM

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 SVN Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

Available for lease is a 6,732 square feet industrial space located at 2408 Over Drive in Lexington, KY. The property is a rear, secondary building that shares access with the owner occupant of the front 13,000+ square feet property. Zoned I-2, the space can accommodate several uses. It features seven 12' drive-in doors and a 14' clear ceiling height, with an additional 2' of space between the rafters due to the metal roof. The property includes separate 3-phase electrical service and is heated. An approximately 350 square feet air-conditioned office and one bathroom are also included. While many uses are permitted under the zoning, the shared occupancy on a single acre may restrict outside storage for the tenant.

Key Highlights

  • 6,732 sq ft of industrial space with I‑2 zoning allowing for several uses.
  • Seven 12' drive‑in doors for easy access and loading.
  • 14' clear ceiling height, with potential for 16' to rafters.

Property Analytics

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Current Use

Splash 'Em Out ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Auto Repair Shop Restaurant Dental Office

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Well-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
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$11.96 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,989 SF
Avg Space Size

This space is priced 16% below the average of $11.96 /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
Rey
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Similar Off Market Nearby

  • Firehouse Subs Leestown — 1781 Sharkey Way, Lexington, KY 40511
  • Lexington KY Caterers-Smokin' Jax Grill BBQ Caterers — 2408 Merchant St, Lexington, KY 40511

Frequently Asked Questions

What type of property is this?
Flex space - 6,732 SF industrial space with seven drive-in doors.
Where is this flex space located?
The property is located at 2408 Over Dr Lexington, KY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 6,732 sq ft of industrial space with I‑2 zoning allowing for several uses.; Seven 12' drive‑in doors for easy access and loading.; 14' clear ceiling height, with potential for 16' to rafters.
More about this property
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