Flex Space with High
For Lease
$8 SF/Yr
705 Werne Dr, Lexington, KY 40504
Flex space with excellent access and unmatchable visibility.
Space SizeContact for details
Days on Market625
Property Features for 705 Werne Dr
General Information
Standard status
Active
Total Parking Spaces
10
Property subtype
Industrial
Zoning
I-2
Lease Type
NNN
Amenities
Vacant
10 Parking Spaces
Building Details
Year Built
1968
Spaces For Lease
at 705 Werne Dr
Available Space
$8/Mo
Listing Agency:
Equity Management Group, Inc.
Listed By:
Ande Long · License #29083
(859) 533-1577
Source:
Kcrea.resimplifi
Added: Jan 29, 2025
Changed: Oct 3
Last Checked: Oct 16 at 5:41AM
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 Equity Management Group, Inc.
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Investment Insights
Based on property information with market context.
This flex space is conveniently located off Old Frankfort Pike, offering excellent access to New Circle Road. The property's location provides unmatchable visibility on New Circle Road. It is highly functional for a variety of users, including contractors, suppliers, showroom users, and general flex space needs.
Key Highlights
- Unmatchable visibility on New Circle Rd.
- Excellent access to New Circle Rd.
- Conveniently located off Old Frankfort Pike
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
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
$30.03 /SF/Yr
Avg Asking Price
$7.25–$45 /SF/Yr
Price Range
33,938 SF
Avg Space Size
This space is priced 73% below the average of $30.03 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flex space with excellent access and unmatchable visibility.
Where is this mixed-use property located?
The property is located at 705 Werne Dr Lexington, KY.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Unmatchable visibility on New Circle Rd.; Excellent access to New Circle Rd.; Conveniently located off Old Frankfort Pike
