Catylist ID:
#30866559
Rare I-1 Opportunity Inside New Circle Road
Industrial
for Lease
Also listed as Vacant Land
| Catylist Listing ID: | 30866559 |
| Property Subtypes: | Light Industrial, Warehouse/Distribution |
| Contiguous Space: | 36,483 - 43,783 SF |
| Total Available: | 80,266 SF |
| Gross Building Area: | 105,751 SF |
| Gross Land Area: | 1.16 Acres |
| Lease Rate: |
$5 - 6 PSF (Annual) |
| Base Monthly Rent: | $15,201 - 21,891 |
| Lease Types: | NNN |
| Last Updated: | 4/29/2024 |
Overview / Comments
|
We are pleased to present an opportunity to lease this affordable Warehouse/Office/Storage space site inside of New Circle Rd, just minutes to major highways (I-75; 2.9 miles), New Circle Rd (1.4 miles) and Lexington’s downtown (1.7 miles). This I-1 opportunity provides the perfect location for light manufacturing and/or equipment storage. The building can be easily demised to fit multiple tenants. With nearly 6,000 SF of office, plenty of parking, multiple roll-up doors, and 3 dock-level doors, it's a versatile facility located in the heart of Lexington. Kentucky is a day's drive from 80% of the country. In a market pushing 98% occupancy for industrial assets, don't miss your chance to lease this property today! Highlights: -An industrial unicorn for Fayette County, Ky — nearly 6 acres of I-1 zoned property inside of New Circle Rd -In a tight industrial market, with occupancy pushing 98%, a redevelopment opportunity with incredible potential. -Heavy Power — 430V 3 Ph. -Average Clear height to overhead mechanical/electrical is 11’ with a min. height of 10’ 4” under overhead electrical buses to a max of 11’ 6” -The area is protected against fire with a wet pipe sprinkler system and monitored 24hrs. -1.16 AC For Sale/ Lease $5,000/MO |
Attachments & Media
Expand All 2 Spaces Available
| Suite: Space 1 | 43,783 SF | $6 PSF (Annual) NNN |
| Suite: Space 2 | 36,483 SF | $5 PSF (Annual) NNN |
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Fayette |
| Tax ID/APN: | 41543100 |
| Zoning: | I-1 |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,336 | 115,890 | 243,452 |
| Median Age: | 35.46 | 35.01 | 34.47 |
| Households: | 5,549 | 50,534 | 103,866 |
Contact
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