End-Cap Flex Space with Drive-In
For Lease
$8 SF/Yr
2560 Palumbo Drive #140, Lexington, KY 40509
Office and warehouse areas support a range of light-industrial operations within an I-1-zoned facility.
Space Size4,775 SF
Lot Size1.03 Acres
Days on Market403
Property Features for 2560 Palumbo Drive #140
General Information
Standard status
Active
Size
4,775 SF
Net Rentable
4,775 SF
Total Parking Spaces
40
Lot size
1.03 Acres
Zoning
I-1 Light Industrial
Space & Availability
Available Space
4,775 SF
Contiguous Space
4,775 SF
Space Use
Flex
Site & Location
Neighborhood
Liberty Area Nghd Assoc
Warehouse & Industrial
Clear Height
15 ft
Warehouse Space
3,687 SF
Office Build-Out
1,088 SF
Drive-In Doors
1
Three-Phase Power
Yes
Drive-In Door Height
14 ft
Amenities
building signage
Building Details
Building Size
4,772 SF
Year Built
1980
Buildings
1
Stories
1
Construction
concrete block
Listing Agency:
Block + Lot Homes
(859) 309-0099
Listed By:
Robert W Rouse
(859) 967-7299
Source:
Bluegrasspropertiesgroup
Added: Sep 30, 2025
Changed: Nov 4
Last Checked: Nov 6 at 12:51AM
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
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Investment Insights
Based on property information with market context.
Suite 140 offers 4,772 square feet, divided between 1,088 square feet of office space and 3,687 square feet of warehouse area. The office layout includes three private offices, an open lobby and office area, and a restroom. The warehouse also has a dedicated office, a storage room, and a 10-by-14-foot drive-in door. The concrete block facility was built in 1980 and features 15-foot clear height, three-phase electric, fluorescent lighting, and approximately 40 parking spaces. Tenant building signage is available.
The property is situated between New Circle Road and Man O' War Boulevard, approximately 3.5 miles from the I-75/I-64 interchange. It is zoned I-1 Light Industrial.
The property is situated between New Circle Road and Man O' War Boulevard, approximately 3.5 miles from the I-75/I-64 interchange. It is zoned I-1 Light Industrial.
Key Highlights
- 4,772 SF suite with 1,088 SF of office and 3,687 SF of warehouse
- End‑cap flex unit with a 10' x 14' drive‑in door
- 15' clear height, 3‑phase electric, and fluorescent lighting
Property Analytics
Who owns this building?
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Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
555
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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Cap Rate, Value Estimation, Potential NOI and more
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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 27% below the average of $10.91 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Columbia Steak House — 2750 Richmond Rd, Lexington, KY 40509
- OPOS Gourmet — 501 Darby Creek Rd, Lexington, KY 40509
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas support a range of light-industrial operations within an I-1-zoned facility.
Where is this flex space located?
The property is located at 2560 Palumbo Drive #140 Lexington, KY.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 4,772 SF suite with 1,088 SF of office and 3,687 SF of warehouse; End‑cap flex unit with a 10' x 14' drive‑in door; 15' clear height, 3‑phase electric, and fluorescent lighting
