Warehouse with Dock
For Lease
$9 SF/Yr CAM $1.90 /USD/SF/YR
870 Contract Street, Lexington, KY 40505
I-1-zoned warehouse offers dock service, drive-in access, and a fully climate-controlled office area.
Space Size10,038 SF
Lot Size1.60 Acres
Days on Market70
Property Features for 870 Contract Street
General Information
Standard status
Active
Size
10,038 SF
Net Rentable
10,038 SF
Total Parking Spaces
25
Lot size
1.60 Acres
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Space & Availability
Available Space
10,038 SF
Contiguous Space
10,038 SF
Lease Terms
Lease Rate
$9 /USD/SF/YR
Monthly Rent
$7,528
Rent per SF/Year
$9
CAM
$1.90 /USD/SF/YR
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
22 ft
Office Build-Out
800 SF
Dock-High Doors
3
Drive-In Doors
1
Column Spacing
25 x 50 ft
Three-Phase Power
Yes
Amenities
25 Parking Spaces
Building Details
Year Built
1989
Building Size
10,038 SF
Construction
Block/metal
Spaces For Lease
at 870 Contract Street Contact usAvailable Space $9/Mo
Contact us
Listing Agency:
Block & Lot Real Estate
(859) 351-7924
Listed By:
Peter Barr · License #65116
(859) 351-7924
Source:
Kcrea.resimplifi
Added: Jun 24
Changed: Aug 29
Last Checked: Aug 31 at 1:30PM
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 Real Estate
Investment Insights
Based on property information with market context.
Built in 1989, this 10,038-square-foot warehouse provides 10,038 square feet of available space, including approximately 800 square feet of office area. The block-and-metal building measures 100 feet by 100 feet and includes T8 lighting, a 22-foot clear height, and 25-by-50-foot column spacing. Warehouse heating is provided by suspended gas units, while the office is fully heated and cooled.
The facility is equipped with three-phase power, three dock doors, and one 12-foot-by-14-foot drive-in door. Two docks have manual pit levelers, and the third is an OTD door. Approximately 25 car spaces are provided, along with roughly one-third concrete acre for trailer parking or outside storage on a secured site. The property carries I-1 zoning and is offered on an NNN lease structure.
Located at 870 Contract Street in Lexington, the building sits between Loudon Avenue and Floyd Drive, near New Circle Road. It is approximately 3 miles from I-75/I-64 and 8 miles from Bluegrass International Airport.
The facility is equipped with three-phase power, three dock doors, and one 12-foot-by-14-foot drive-in door. Two docks have manual pit levelers, and the third is an OTD door. Approximately 25 car spaces are provided, along with roughly one-third concrete acre for trailer parking or outside storage on a secured site. The property carries I-1 zoning and is offered on an NNN lease structure.
Located at 870 Contract Street in Lexington, the building sits between Loudon Avenue and Floyd Drive, near New Circle Road. It is approximately 3 miles from I-75/I-64 and 8 miles from Bluegrass International Airport.
Key Highlights
- 10,038 SF warehouse with 10,038 SF available, including +/-800 SF of office space
- 22' clear height with 25' x 50' column spacing and T8 lighting
- Three dock doors and one 12' x 14' drive‑in door
Property Analytics
Current Use
Lease Details
22 ft
Clear height
3
Dock-high doors
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,007
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
Market
Lease Benchmarks for Lexington, KY
$9.91 /SF/Yr
Avg Asking Price
$6–$14.08 /SF/Yr
Price Range
40,752 SF
Avg Space Size
This space is priced 9% below the average of $9.91 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - I-1-zoned warehouse offers dock service, drive-in access, and a fully climate-controlled office area.
Where is this warehouse located?
The property is located at 870 Contract Street Lexington, KY.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 10,038 SF warehouse with 10,038 SF available, including +/-800 SF of office space; 22' clear height with 25' x 50' column spacing and T8 lighting; Three dock doors and one 12' x 14' drive‑in door
