Warehouse with Fenced Storage
New
For Lease
$8,900/Mo NNN
740 758 Phillips Lane, Lexington, KY 40504
Industrial space pairs a steel warehouse with fenced outdoor storage and dedicated office space.
Space Size87,120 SF
Days on Market3
Property Features for 740 758 Phillips Lane
General Information
Standard status
Active
Size
87,120 SF
Net Rentable
5,080 SF
Class
A
Property subtype
Industrial - Manufacturing
Zoning
I-2
Lease Type
NNN
Space & Availability
Available Space
5,080 SF
Contiguous Space
5,080 SF
Space Use
Warehouse
Available From
2026-08-01
Lease Terms
Lease Rate
$8,900 /USD/MO
Monthly Rent
$8,900
Rent per SF/Year
$21.02
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Office Build-Out
800 SF
Drive-In Doors
2
Building Details
Building Size
87,120 SF
Year Built
1960
Construction
steel
Spaces For Lease
at 740 758 Phillips Lane
740 758 Phillips Lane
Immediate
Size
87,120 SF
Type
Industrial
Lease Type
NNN
Sublease
No
Renewal Option
Yes
Listing Agency:
SVN | Stone Commercial Real Estate
Listed By:
Travis Rose, MBA
Source:
Commercialcafe
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 6:07AM
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
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Investment Insights
Based on property information with market context.
This 5,080 SF industrial property in Lexington includes a steel warehouse and approximately 2 acres of flat, fenced yard. The warehouse has a gas heater and two 12-foot grade-level drive-in doors. Approximately 800 SF is set aside for office use, with a reception area, three private offices, and a restroom. Built in 1960, the property is zoned I-2 (Heavy Industrial) and is offered on an NNN lease beginning August 1, 2026.
The site is in Lexington, with access to major roadways. The combination of warehouse, office, and secured yard space supports a range of industrial storage and staging needs.
The site is in Lexington, with access to major roadways. The combination of warehouse, office, and secured yard space supports a range of industrial storage and staging needs.
Key Highlights
- 5,080 SF warehouse property with approximately 2 acres of fenced, flat yard
- I‑2 (Heavy Industrial) zoning
- Two (2) 12‑foot grade‑level drive‑in doors and a gas heater
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Well-served
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
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Market
Lease Benchmarks for Lexington, KY
$9.48 /SF/Yr
Avg Asking Price
$1.08–$22.08 /SF/Yr
Price Range
34,004 SF
Avg Space Size
This space is priced 122% above the average of $9.48 /SF/Yr.
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Aaa Self Storage — 1216 Versailles Rd, Lexington, KY 40508
- Versailles Road Storage — 1216 Versailles Rd, Lexington, KY 40508
- Go Mini's of Lexington — 1180 Manchester St suite c, Lexington, KY 40508
- Pepper Storage, Lexington, KY — 1186 Manchester St, Lexington, KY 40508
- Wildcat Mini Storage — 1186 Manchester St, Lexington, KY 40508
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial space pairs a steel warehouse with fenced outdoor storage and dedicated office space.
Where is this warehouse located?
The property is located at 740 758 Phillips Lane Lexington, KY.
What is the lease rate?
The lease rate is $8,900/Mo.
What are key features of this property?
This property features: 5,080 SF warehouse property with approximately 2 acres of fenced, flat yard; I‑2 (Heavy Industrial) zoning; Two (2) 12‑foot grade‑level drive‑in doors and a gas heater
