Industrial Warehouse with Outside
For Lease
$6.95 SF/Yr CAM $1.05 /USD/SF/YR
2592 Palumbo Dr, Lexington, KY 40509
Available for lease with multiple loading options, flexible industrial functionality, and a recently replaced roof.
Space Size42,000 SF
Days on Market236
Property Features for 2592 Palumbo Dr
General Information
Standard status
Active
Size
42,000 SF
Net Rentable
42,000 SF
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Space & Availability
Available Space
42,000 SF
Contiguous Space
42,000 SF
Space Use
Warehouse
Lease Terms
Lease Rate
$6.95 /USD/SF/YR
Monthly Rent
$24,325
Rent per SF/Year
$6.95
CAM
$1.05 /USD/SF/YR
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
25 ft
Warehouse Space
42,000 SF
Dock-High Doors
6
Drive-In Doors
3
Building Details
Year Built
1984
Building Size
42,000 SF
Spaces For Lease
at 2592 Palumbo Dr Contact usAvailable Space $6.95/Mo
Contact us
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Kevin Verhoven · License #58263
(859) 224-8833
Source:
Kcrea.resimplifi
Added: Jan 6
Changed: Aug 28
Last Checked: Aug 29 at 5:55AM
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
Investment Insights
Based on property information with market context.
This 42,000-square-foot warehouse is available for lease within an I-1 industrial setting. The building includes six dock-high doors and three drive-in doors, supporting varied shipping, receiving, and equipment-access requirements. Clear heights reach 25 feet throughout most areas, with a 40-foot center bay. The property also provides outside storage behind the building and received a new roof in 2024.
Located at 2592 Palumbo Drive in Lexington, the facility sits between Man O’ War Boulevard and New Circle Road, providing access to major roadways and the area’s industrial corridors. The layout is suited to distribution, warehousing, and light manufacturing uses supported by the existing building features.
Located at 2592 Palumbo Drive in Lexington, the facility sits between Man O’ War Boulevard and New Circle Road, providing access to major roadways and the area’s industrial corridors. The layout is suited to distribution, warehousing, and light manufacturing uses supported by the existing building features.
Key Highlights
- 42,000 SF warehouse facility in an I‑1 industrial setting
- Six (6) dock‑high doors and three (3) drive‑in doors
- 25’ clear ceiling heights with a 40’ clear height in the center bay
Property Analytics
Property Profile
Current Use
Lease Details
25 ft
Clear height
6
Dock-high doors
3
Drive-in doors
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.04 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
Balanced
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
Market
Lease Benchmarks for Lexington, KY
$9.91 /SF/Yr
Avg Asking Price
$6–$14.08 /SF/Yr
Price Range
40,752 SF
Avg Space Size
This space is priced 30% below the average of $9.91 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Citadel Self Storage — 133 N Locust Hill Dr, Lexington, KY 40509
- Stor All Self Storage — 2750 Palumbo Dr, Lexington, KY 40509
- Stor All Self Storage — 3024 Blake James Dr, Lexington, KY 40509
- Stor All Self Storage — 2670 Palumbo Dr, Lexington, KY 40509
- Palumbo Park Self Storage — 2595 Palumbo Dr, Lexington, KY 40509
Frequently Asked Questions
What type of property is this?
Warehouse - Available for lease with multiple loading options, flexible industrial functionality, and a recently replaced roof.
Where is this warehouse located?
The property is located at 2592 Palumbo Dr Lexington, KY.
What is the lease rate?
The lease rate is $6.95 SF/Yr.
What are key features of this property?
This property features: 42,000 SF warehouse facility in an I‑1 industrial setting; Six (6) dock‑high doors and three (3) drive‑in doors; 25’ clear ceiling heights with a 40’ clear height in the center bay
