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Warehouse Space with Drive-In Door
For Lease
$12 SF/Yr

736 Allenridge Point, Lexington, KY 40510

COMMERCIAL - Lexington, KY

Space Size2,667 SF - 5,333 SF
Property Size8,000 SF
Lot Size2.11 Acres
Days on Market102

Property Features for 736 Allenridge Point

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning description I-1 light industrial
Parking 5
Subdivision Commercial
Directions Old Frankfort to Miles Point Way, turn on Mackinwood Drive turn on Allenridge Pt.
Standard status Active
APN 38123220
Size 8,000 SF
Lot size 2.11 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric

Building Details

Year built 2025
Floors in Building 1
Listing Agency: The Gibson Company
Listed By: Ed Richardson · License #209184
Added: Apr 27 Changed: Aug 4 Last Checked: Aug 6 at 6:06PM
MLS# 26009206

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 736 Allenridge Point in Lexington, Kentucky, this under-construction warehouse property contains 8,000 square feet. Two spaces remain available, with 5,333 s.f. of total space that can be arranged as two 2,667 s.f. areas. Each area includes a 14' drive-in door, supporting direct access for warehouse operations.

The property occupies 2.11 acres and is served by public sewer. Electric heating and electric cooling are specified for the building. Construction is scheduled for 2025, providing a new warehouse configuration with divisible space and dedicated drive-in access.

Key Highlights

  • 5,333 s.f. of remaining warehouse space
  • Can be divided into two 2,667 s.f. spaces
  • Each space has a 14' drive‑in door

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Spa & Massage Center Garden Center Gym & Fitness Center Grocery & Convenience 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

2
Drive-in doors
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40510, KY

1,562
Population
426
Households
3.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
22.7 sq mi
ZIP Area
69
Density / Sq Mi
$155,625
Median Household Income
$23,250
Median Earnings
$725,000
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$11.52 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
37,407 SF
Avg Space Size

This space is priced 4% above the average of $11.52 /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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Under-construction commercial space offers flexible division with electric heating and cooling.
Where is this warehouse located?
The property is located at 736 Allenridge Point Lexington, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,333 s.f. of remaining warehouse space; Can be divided into two 2,667 s.f. spaces; Each space has a 14' drive‑in door
More about this property
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