Flex Suite with Drive-In
2416 Palumbo Drive #130, Lexington, KY 40509
For Lease
$11 SF/Yr
A balanced office and warehouse layout includes existing HVAC and adjustable vents in the warehouse.
Space Size2,933 SF
Lot Size0.52 Acres
Days on Market95
Property Features for 2416 Palumbo Drive #130
General Information
Standard status
Size
Net Rentable
Total Parking Spaces
Lot size
Zoning
Space & Availability
Available Space
Contiguous Space
Space Use
Site & Location
Neighborhood
Highway Access
Warehouse & Industrial
Clear Height
Drive-In Doors
Three-Phase Power
Drive-In Door Height
Amenities
building signage
break room
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Robert W Rouse
(859) 967-7299
Source:
Bluegrasspropertiesgroup
Added: Aug 5
Changed: Nov 4
Last Checked: Nov 6 at 11:09PM
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 Block + Lot Homes
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Investment Insights
Based on property information with market context.
Suite 130 offers 2,933 square feet within an 8,640-square-foot flex/industrial building on 0.52 acres. The suite is configured with approximately equal office and warehouse areas. Its office portion includes a large private office, an open lobby/storefront, two restrooms, and a break room. The warehouse has a 10' x 10' drive-in door and existing HVAC with adjustable vents. Building features include concrete block construction, 15' clear height, 3-phase electric, fluorescent lighting, and approximately 20 parking spaces. The property was built in 1970 and is zoned I-1 (Light Industrial).
Planned work includes interior painting, new LVT flooring and ceiling tile in the front office, removal of the warehouse drop ceiling, and LED lighting in both areas. Tenant building signage is available. The property is situated between New Circle Road and Man O War Boulevard, with I-75 and I-64 nearby.
Planned work includes interior painting, new LVT flooring and ceiling tile in the front office, removal of the warehouse drop ceiling, and LED lighting in both areas. Tenant building signage is available. The property is situated between New Circle Road and Man O War Boulevard, with I-75 and I-64 nearby.
Key Highlights
- 2,933‑square‑foot suite with roughly 50% office and 50% warehouse
- 10' x 10' warehouse drive‑in door; existing HVAC with adjustable vents
- Building has 15' clear height and 3‑phase electric
Property Analytics
Who owns this building?
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Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
523
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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Market
Lease Benchmarks for Lexington, KY
$10.91 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
25,466 SF
Avg Space Size
This space is priced 1% above the average of $10.91 /SF/Yr.
Average Price Trend$/SF/Yr for Flex space in Lexington, KY
Properties on Market for Flex space in Lexington
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A balanced office and warehouse layout includes existing HVAC and adjustable vents in the warehouse.
Where is this flex space located?
The property is located at 2416 Palumbo Drive #130 Lexington, KY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 2,933‑square‑foot suite with roughly 50% office and 50% warehouse; 10' x 10' warehouse drive‑in door; existing HVAC with adjustable vents; Building has 15' clear height and 3‑phase electric
