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Flex Space With Grade-Level Doors
New
For Lease
$11 SF/Yr

881 Newtown Pike, Lexington, KY 40511

Warehouse and office configuration supports contractor, service, distribution, and light industrial operations.

Space Size9,736 SF
Days on Market2

Property Features for 881 Newtown Pike

General Information

Standard status Active
Size 9,736 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 9,736 SF
Year Built 1984

Spaces For Lease

at 881 Newtown Pike Contact us

881 Newtown Pike $11/SF/Yr

Size
9,736 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Travis Rose, MBA
Source: Svn
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 16 at 6:11AM

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 Travis Rose, MBA

Investment Insights

Based on property information with market context.

The 9,736-square-foot flex property at 881 Newtown Pike combines 7,104 square feet of warehouse area with 2,632 square feet of office space. Three grade-level garage doors support warehouse access, while the office portion includes a reception area, multiple private offices, and a conference room. The building was constructed in 1984 and includes ample on-site parking.

Located on Newtown Pike in Lexington, the property provides access to New Circle Road and I-75. Its mix of warehouse, office, loading, and parking features accommodates contractors, service companies, distributors, and light industrial users.

Key Highlights

  • 9,736 SF total, including 7,104 SF warehouse and 2,632 SF office
  • Three grade‑level garage doors
  • Office area includes reception, multiple private offices, and a conference room

Property Analytics

Current Use

Elegantly Handled Gift ... (Bike/Boat/Book/etc) Store Lighter Than Air, ... Wedding Service USSC KY (Bike/Boat/Book/etc) Store Kentucky Commercial - Facility ... Landscaping United AdWorks Marketing & Advertising

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Kitchen & Bath Showroom Spa & Massage Center (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40511, KY

36,146
Population
14,963
Households
2.4
Avg Household Size
35
Median Age
38%
College-Educated
89%
High-School Grad
86.0 sq mi
ZIP Area
420
Density / Sq Mi
$77,476
Median Household Income
$43,416
Median Earnings
$1,159
Median Rent
$233,400
Median Home Value

Market

Lease Benchmarks for Lexington, KY

$11.33 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
30,753 SF
Avg Space Size

This space is priced 3% below the average of $11.33 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Warehouse and office configuration supports contractor, service, distribution, and light industrial operations.
Where is this flex space located?
The property is located at 881 Newtown Pike Lexington, KY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: 9,736 SF total, including 7,104 SF warehouse and 2,632 SF office; Three grade‑level garage doors; Office area includes reception, multiple private offices, and a conference room
More about this property
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