I-1 Flex
For Lease
$12 SF/Yr
Pending
532 Codell Dr, Lexington, KY 40509
Versatile space suited to industrial, office, contractor, supplier, and showroom users.
Space SizeContact for details
Days on Market85
Property Features for 532 Codell Dr
General Information
Standard status
Pending
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Additional Details
Space Use
Flex
Spaces For Lease
at 532 Codell Dr
Available Space
$12/Mo
Listing Agency:
Equity Management Group, Inc.
Listed By:
Ande Long · License #29083
(859) 533-1577
Source:
Kcrea.resimplifi
Added: Jul 24
Changed: Oct 4
Last Checked: Oct 16 at 5:47AM
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 Equity Management Group, Inc.
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Investment Insights
Based on property information with market context.
Flex space at 532 Codell Dr in Lexington combines industrial, office, and showroom-oriented functionality within an I-1-zoned property. The space is available for rent and can accommodate contractors, suppliers, showroom users, and general flex operations.
Key Highlights
- I‑1 zoning
- Industrial, office, and flex space configuration
- Showroom use supported
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
597
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
$12.05 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,783 SF
Avg Space Size
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile space suited to industrial, office, contractor, supplier, and showroom users.
Where is this flex space located?
The property is located at 532 Codell Dr Lexington, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: I‑1 zoning; Industrial, office, and flex space configuration; Showroom use supported
