Warehouse with Fenced Yard
For Lease
Contact for pricing
740-758 Phillips Lane, Lexington, KY 40504
Heavy industrial warehouse with office and about two acres of fully fenced, flat outdoor yard for storage or staging.
Space Size1 SF
Property Size5,080 SF
Lot Size2.00 Acres
Days on Market72
Property Features for 740-758 Phillips Lane
General Information
Standard status
Active
Size
1 SF
Lot size
2.00 Acres
Property subtype
Industrial
Zoning
I-2
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
2
Building Details
Year Built
1960
Spaces For Lease
at 740-758 Phillips Lane Contact us- Size
- 1 SF
- Type
- Industrial
Space 1
Listing Agency:
SVN | Stone Commercial Real Estate
Listed By:
Travis Rose · License #KY
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Aug 5 at 6:38AM
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 SVN | Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
This lease opportunity includes a steel-constructed warehouse with gas heat and approximately 800 SF of office space. The office area features a reception area, three private offices, and a restroom. The warehouse is served by two 12-foot grade-level drive-in doors, supporting efficient loading and unloading for industrial operations. In addition, the property includes roughly two acres of fully fenced, flat outdoor yard space designed for equipment staging, fleet use, or outdoor storage.
The property is located at 740-758 Phillips Lane in Lexington, KY, and is zoned I-2 (Heavy Industrial). It is offered for lease with availability starting August 1, 2026. Public information notes convenient access to major roadways for local and regional distribution.
Designed for tenants that need both covered warehouse space and secured exterior storage, the combination of grade-level drive-in doors, fenced yard, and on-site office makes the property practical for a range of industrial users. With the I-2 zoning designation and dedicated yard area for staging, it can support operations that require controlled outdoor space alongside daily administrative needs.
The property is located at 740-758 Phillips Lane in Lexington, KY, and is zoned I-2 (Heavy Industrial). It is offered for lease with availability starting August 1, 2026. Public information notes convenient access to major roadways for local and regional distribution.
Designed for tenants that need both covered warehouse space and secured exterior storage, the combination of grade-level drive-in doors, fenced yard, and on-site office makes the property practical for a range of industrial users. With the I-2 zoning designation and dedicated yard area for staging, it can support operations that require controlled outdoor space alongside daily administrative needs.
Key Highlights
- 5,080 SF warehouse/industrial space zoned I‑2 (Heavy Industrial), built in 1960
- About 2 acres of fully fenced, flat outdoor yard for storage, equipment staging, or fleet use
- Lease available starting August 1, 2026 at $8,900 per month NNN
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 40504, KY
26,042
Population
13,175
Households
2
Avg Household Size
34
Median Age
32%
College-Educated
84%
High-School Grad
6.2 sq mi
ZIP Area
4,200
Density / Sq Mi
$43,015
Median Household Income
$29,195
Median Earnings
$888
Median Rent
$209,400
Median Home Value
Market
Lease Benchmarks for Lexington, KY
$11.41 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
33,391 SF
Avg Space Size
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Heavy industrial warehouse with office and about two acres of fully fenced, flat outdoor yard for storage or staging.
Where is this flex space located?
The property is located at 740-758 Phillips Lane Lexington, KY.
What are key features of this property?
This property features: 5,080 SF warehouse/industrial space zoned I‑2 (Heavy Industrial), built in 1960; About 2 acres of fully fenced, flat outdoor yard for storage, equipment staging, or fleet use; Lease available starting August 1, 2026 at $8,900 per month NNN
