Flex Space for Sublease

Industrial for Lease
Catylist Listing ID: 30853086
Property Subtypes: Flex Space, Light Industrial, Office Showroom, Warehouse/Distribution
Contiguous Space: 1,680 - 3,360 SF
Gross Building Area: 10,080 SF
Gross Land Area: 0.64 Acres
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $3,360
Lease Types: NNN
Ceiling: 23 ft.
Office SF: 900 SF
Drive In Bays: 2 Bays
Last Updated: 9/26/2023

Overview / Comments

FLEXlex, completed in 2022, is a high-end flex development on W. Main Street in Lexington offering rare flex space in a high demand size. Suites 101 and 102 are 1,680 SF each and are currently accessible as one space for a total of 3,360 SF. Suite 102 offers appx. 600 SF of office space and 101 features appx. 300 SF of office space for a combined total of appx. 900 SF of climate controlled office, suspended gas heaters, two restrooms, LED lighting, two 10' x 12' drive-in doors, 21'4" - 23'11" clear height, 200 AMP/single phase electrical service, and 12' high glass store fronts. Large windows in the warehouse allow for an abundance of natural light.

Suites 101 and 102 can be subleased together or separately. The sublease expires May 31, 2025.

Property Highlights:
-Small high-demand flex units
-Building constructed in 2021/2022
-23'11" clear height
-LED lighting
-Large glass storefronts and glass windows in the warehouse
-Conveniently located 1.5 miles from W. New Circle Road and 3.5 miles from I-64/I-75

Attachments & Media

Expand All Available Space

Suite: 101-102 3,360 SF $12 PSF (Annual) NNN
Space Available: 3,360 SF
Minimum Divisible: 1,680 SF
Lease Rate: $12 PSF (Annual)
$3,360 (Monthly)
Lease Type: NNN
Space Description: Suite 105 offers appx. 600 SF of climate-controlled office space and can be combined with the 300 SF of office space in Suite 106. Each office includes a large open space with a 12' glass storefront and one restroom. The balance of the space is warehouse with two 12' drive-in doors, and suspended gas heat.
Space Subcategory: Flex Space, Warehouse/Distribution
Date Available: 8/18/2023
Space Type: Sublet
Ceiling 23 ft. Clear
Drive In Bays 2
Office Space 900 SF

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 10540500
Area Description: The FLEXlex development is conveniently located on the highly traveled W. Main Street in Lexington, KY. It is in close proximity to downtown Lexington, 1.5 miles from New Circle Road, and 3.5 miles from I-64/I-75.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2021
Parking Type: Surface
Amps: 200
X-Phase: Single
Heat Type: Natural Gas
Air Conditioning: Window Unit
Lighting: LED
Zoning Description: I-1 (Light Inudstrial)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,965 116,927 216,623
Median Age: 32.55 34.19 35.77
Households: 7,532 48,144 90,942
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