Affordable Flex/Storage Space Inside New Circle Road

Industrial for Lease
Catylist Listing ID: 30818410
Property Subtypes: Flex Space, Light Industrial, Warehouse/Distribution
Contiguous Space: 8,338 - 12,846 SF
Total Available: 49,718 SF
Gross Building Area: 105,751 SF
Lease Rate: $1 - 5.75 PSF (Annual)
Base Monthly Rent: $694.83 - 4,622
Lease Types: Modified Gross
Last Updated: 5/23/2023

Overview / Comments

We are pleased to present an opportunity to lease 9,444 SF - 49,718 SF of flexible and affordable storage flex space 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). Just off Winchester Road, at the intersection of emerging Delaware Avenue and Henry Clay Blvd, this I-1 opportunity provides the perfect location for light manufacturing and/or storage.

The building is home to two separate businesses housed in the front portion, with the back portion providing a private entrance, plenty of parking, multiple roll-up doors, and a dock-level door. Kentucky is a day's drive from 80% of the country. In a market pushing 99% occupancy for industrial assets, don't miss your chance to lease today!

Inside New Circle Rd (1.4 miles), minutes from downtown (1.7 miles).
Avg clear height to overhead mechanical is 11’ with a min height of 10’ 4” under overhead electrical buses to a max of 11’ 6”
Wet pipe sprinkler system monitored 24 hours a day
Floor slab for space is 4” thick
Secure facilities with locked gate

Expand All 5 Spaces Available

Suite: 1 12,846 SF $2.50 PSF (Annual) Modified Gross
Suite: 2 8,338 SF $1 PSF (Annual) Modified Gross
Suite: 3 9,444 SF $3.50 PSF (Annual) Modified Gross
Suite: 4 9,444 SF $3.50 PSF (Annual) Modified Gross
Suite: Dock Area 9,646 SF $5.75 PSF (Annual) Modified Gross

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 41543100
Zoning: I-1
Area Description: Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Sprinklers: Wet

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,336 113,602 243,452
Median Age: 35.46 35.04 34.47
Households: 5,549 49,569 103,866
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions.