2424 Palumbo Drive

Industrial for Lease
Catylist Listing ID: 30871778
Property Subtypes: Flex Space, Light Industrial, Warehouse/Distribution
Contiguous Space: 3,293 SF
Building Size (RSF): 3,293 SF
Gross Building Area: 9,271 SF
Gross Land Area: 0.52 Acres
Lease Rate: $8.75 PSF (Annual)
Base Monthly Rent: $2,401
Lease Types: NNN
Ceiling: 16 ft.
Office SF: 1,632 SF
Drive In Bays: 1 Bay
Usable Size (USF): 3,293 SF
Last Updated: 4/23/2024

Overview / Comments

2424 Palumbo Drive is a 9,271 SF flex/industrial facility on 0.515 acres zoned I-1 (Light Industrial). This concrete block building was originally constructed in 1970 and renovated in 2013. The building has 10’ x 12’ drive-in doors, fluorescent lighting, 16’ clear height, 3 phase electric, suspended gas heat in the warehouse, appx. 25 parking spaces, and building signage availability to tenants.

Property Highlights:
- Endcap space
- Building/Monument Signage
- High-demand flex units

Expand All Available Space

Suite: 110 3,293 SF $8.75 PSF (Annual) NNN
Space Available: 3,293 SF
Lease Rate: $8.75 PSF (Annual)
$2,401 (Monthly)
Lease Type: NNN
Space Description: Suite 110: 3,293 total SF, 1,632 SF office including reception, four individual offices, open office/showroom, one conference rooms, two restrooms, breakroom, and storage. The balance of the space is 1,661 SF warehouse with 16’ clear height and one 10’ x 12’ drive in door.
Space Subcategory: Flex Space
Date Available: 4/23/2024
Space Type: Relet
Conference Rooms: 1
Offices 4
Kitchen Yes
Ceiling 16 ft. Clear
Drive In Bays 1
Office Space 1,632 SF

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 38290770
Zoning: I-1 LIGHT INDUSTRIAL
Property Located Between: New Circle Road and Man O War Boulevard
Area Description: 2424 Palumbo Drive is conveniently positioned between New Circle Road and Man O War Blvd. appx. 3.5 miles from the I-75/I-64 interchange.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1970
Year Renovated: 2013
Construction/Siding: Block, Brick
Parking Ratio: 2.7 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 25
X-Phase: 3
Lighting: LED, Fluorescent
Zoning Description: Light Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,692 117,286 223,455
Median Age: 32.24 34.47 34.41
Households: 4,947 50,447 96,106

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