Flex Space with High
For Lease
Contact for pricing
705 Werne Dr, Lexington, KY 40504
Flex space with excellent access and unmatchable visibility.
Space Size3,360 SF
Property Size10,080 SF
Days on Market1005
Property Features for 705 Werne Dr
General Information
Standard status
Active
Size
3,360 SF
Total Parking Spaces
24
Property subtype
Retail, Office, Industrial
Lease Type
NNN
Building Details
Building Size
10,080 SF
Tenancy
Multiple
Spaces For Lease
at 705 Werne Dr Contact us- Size
- 3,360 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Available Space 2
Listing Agency:
Equity Management Group Inc
(859) 533-1577
Listed By:
Ande Long · License #29083
Source:
Crexi
Added: Dec 1, 2023
Changed: Aug 8
Last Checked: Aug 31 at 9:24AM
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
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
Property Profile
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
Market
Lease Benchmarks for Lexington, KY
$35.38 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
25,911 SF
Avg Space Size
This space is priced 77% below the average of $35.38 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
