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Flex Space with I-75 Frontage
For Lease
$4,750/Mo

2827 Lexington Road #1, Richmond, KY 40475

A 2022 building combines warehouse capacity with office area ready for tenant-specific finish.

Space Size5,600 SF
Days on Market303

Property Features for 2827 Lexington Road #1

General Information

Standard status Active
Size 5,600 SF
Net Rentable 5,600 SF
Zoning UC-3

Space & Availability

Available Space 5,600 SF
Contiguous Space 5,600 SF

Warehouse & Industrial

Warehouse Space 3,800 SF
Office Build-Out 1,800 SF

Additional Details

Highway Access Yes

Building Details

Building Size 5,600 SF
Year Built 2022
Listing Agency: The Gibson Company
Listed By: Dallas Hodge · License #248687
Source: Bluegrasspropertiesgroup
Added: Jan 8 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 The Gibson Company

Rey
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Investment Insights

Based on property information with market context.

At 2827 Lexington Road #1 in Richmond, this 5,600-square-foot flex property pairs 3,800 square feet of warehouse space with 1,800 square feet of office area. The office portion is unfinished and can be completed to suit the occupant. High ceilings in the warehouse support storage and operating functions. The building was constructed in 2022 and is zoned UC-3.

The property has frontage along Interstate 75. Its mix of warehouse and office space provides a practical range of interior functions within one building, with the office finish left for the next occupant to determine.

Key Highlights

  • 5,600 square feet total, including 3,800 square feet of warehouse and 1,800 square feet of office space
  • Office area is unfinished and ready for tenant‑specific completion
  • Warehouse space features high ceilings

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Plumbing Service Pet Grooming Service Auto Parts 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Balanced
Demand for This Use

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Richmond, KY

$9.27 /SF/Yr
Avg Asking Price
$8–$11 /SF/Yr
Price Range
22,021 SF
Avg Space Size

This space is priced 10% above the average of $9.27 /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

Frequently Asked Questions

What type of property is this?
Flex space - A 2022 building combines warehouse capacity with office area ready for tenant-specific finish.
Where is this flex space located?
The property is located at 2827 Lexington Road #1 Richmond, KY.
What is the lease rate?
The lease rate is $4,750/Mo.
What are key features of this property?
This property features: 5,600 square feet total, including 3,800 square feet of warehouse and 1,800 square feet of office space; Office area is unfinished and ready for tenant‑specific completion; Warehouse space features high ceilings
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