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Freestanding Flex Industrial Building

636 Blue Sky Parkway, Lexington, KY 40509

For Lease
$10 SF/Yr CAM $1.18 /USD/SF/YR

Office and warehouse areas pair with fenced exterior storage and an outside truck well.

Space Size5,184 SF
Days on Market1004

Property Features for 636 Blue Sky Parkway

General Information

Standard status Active
Size 5,184 SF
Net Rentable 5,184 SF
Total Parking Spaces 10
Zoning I-1 Light Industrial

Space & Availability

Available Space 5,184 SF
Contiguous Space 5,184 SF
Space Use Industrial

Site & Location

Neighborhood Old Richmond Rd Nghd Assoc
Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 15 ft
Warehouse Space 4,194 SF
Office Build-Out 990 SF
Drive-In Doors 2
Drive-In Door Height 14 ft

Additional Details

CAM $1.18 /SF/YR

Amenities

conference room

Building Details

Building Size 5,184 SF
Year Built 1985
Buildings 1
Stories 1
Listing Agency: Block + Lot Homes
Listed By: Peter Barr · License KY #65116
Source: Kypropertyhunters
Added: Feb 15, 2024 Changed: Nov 13 Last Checked: Nov 13 at 5:33PM

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

Rey
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Investment Insights

Based on property information with market context.

At 636 Blue Sky Parkway, this 5,184-square-foot flex building contains approximately 990 square feet of office space and 4,194 square feet of warehouse area. The office has a private office, open work area, conference room, and bathroom; recent improvements include flooring, ceiling grid, and paint. Warehouse features include 15-foot clear height to beams, LED lighting, a second bathroom, and two 14-foot drive-in doors. An exterior truck well and roughly half an acre of fenced outdoor storage are also provided; the storage area includes 640 Blue Sky Parkway.

The property is in Blue Sky Industrial Park, less than one mile from Exit 104 on I-75. Zoning is I-1 Light Industrial.

Key Highlights

  • 5,184 square feet, including approximately 990 square feet of office space
  • Warehouse offers 15‑foot clear height to beams and two 14‑foot drive‑in doors
  • Approximately half an acre of fenced outdoor storage, including 640 Blue Sky Parkway

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

THOROUGHBRED CONCRETE PUMPING Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Food Market Accounting Firm HVAC Service

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

15 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lexington, KY

$10.39 /SF/Yr
Avg Asking Price
$6–$22.08 /SF/Yr
Price Range
18,674 SF
Avg Space Size

This space is priced 4% below the average of $10.39 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Lexington, KY

$11.41 Jul
$11.65 Aug
$11.96 Sep
$10.91 Oct

Properties on Market for Flex space in Lexington

Jul
Aug
Sep
Oct

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 - Office and warehouse areas pair with fenced exterior storage and an outside truck well.
Where is this flex space located?
The property is located at 636 Blue Sky Parkway Lexington, KY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 5,184 square feet, including approximately 990 square feet of office space; Warehouse offers 15‑foot clear height to beams and two 14‑foot drive‑in doors; Approximately half an acre of fenced outdoor storage, including 640 Blue Sky Parkway
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