Flex Space with Drive-In
For Lease
$11 SF/Yr
701 E 7th Street #Suite 140, Lexington, KY 40505
The layout pairs dedicated office and restroom space with a warehouse area and three-phase electricity.
Space Size1,500 SF
Days on Market974
Property Features for 701 E 7th Street #Suite 140
General Information
Standard status
Active
Size
1,500 SF
Net Rentable
1,500 SF
Total Parking Spaces
5
Zoning
I-1 Light Industrial
Space & Availability
Available Space
1,500 SF
Contiguous Space
1,500 SF
Space Use
Flex
Available From
2023-03-01
Site & Location
Neighborhood
North Limestone Nghd Assoc
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
1,278 SF
Office Build-Out
222 SF
Drive-In Doors
1
Three-Phase Power
Yes
Building Details
Building Size
1,500 SF
Year Built
2021
Listing Agency:
The Gibson Company
(859) 224-8833
Listed By:
Ernie B Arnold
(859) 312-3598
Source:
Bluegrasspropertiesgroup
Added: Feb 27, 2024
Changed: Oct 25
Last Checked: Oct 26 at 3:37AM
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
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Investment Insights
Based on property information with market context.
This 1,500-square-foot flex space at 701 E 7th Street, Suite 140, in Lexington includes 222 square feet of office and restroom area alongside 1,278 square feet of warehouse space. A 10-by-12-foot drive-in door serves the warehouse, which has 16-foot ceilings and 6-inch-thick concrete flooring. Storage space is positioned above the office and restroom area. Three-phase electricity is available to the building. The property was built in 2021 and is zoned I-1 Light Industrial.
Key Highlights
- 1,500 square feet total: 222 square feet of office and restroom space and 1,278 square feet of warehouse
- One 10' X 12' drive‑in door
- 16‑foot ceiling height and 6'' thick concrete flooring
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40505, KY
26,278
Population
12,026
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.0 sq mi
ZIP Area
3,285
Density / Sq Mi
$58,922
Median Household Income
$33,517
Median Earnings
$914
Median Rent
$166,300
Median Home Value
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Market
Lease Benchmarks for Lexington, KY
$11.97 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
24,687 SF
Avg Space Size
This space is priced 8% below the average of $11.97 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Entre Vous — 1006 Delaware Ave, Lexington, KY 40505
- Selma's Catering & Events — 720 Henry Clay Blvd, Lexington, KY 40505
- Bayleaf Diaspora Kitchen — 962 Delaware Ave, Lexington, KY 40508
- Vegan Nepal — 962 Delaware Ave, Lexington, KY 40505
- Pasta Garage Catering — 962 Delaware Ave, Lexington, KY 40505
Frequently Asked Questions
What type of property is this?
Flex space - The layout pairs dedicated office and restroom space with a warehouse area and three-phase electricity.
Where is this flex space located?
The property is located at 701 E 7th Street #Suite 140 Lexington, KY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 1,500 square feet total: 222 square feet of office and restroom space and 1,278 square feet of warehouse; One 10' X 12' drive‑in door; 16‑foot ceiling height and 6'' thick concrete flooring
