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1040-1050 Eastland Drive, Lexington, KY 40505

$2,450,000
  • 1040-1050 Eastland Drive, Lexington, KY 40505 Main Photo

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New to the Market Active
SQUARE FEET30,488 MLS#26019604
STATUS PROPERTY TYPECommercial - Industrial SUBDIVISIONCommercial

Property Description

1040-1050 Eastland Drive offers 17,247 SF for lease or is available as an ideal owner occupant/investment sale where a purchaser can occupy its business in the vacancy, while enjoying in place income. The property features 30,488 total SF demised into three high demand sizes for the market creating a diversified asset, has an excellent overall office to warehouse ratio of 13.65% office, concrete block construction ranging between 1970-1974, 1.41 acres zoned I-1, 6 docks, 4 drive-ins, 16' clear height, LED lighting, newer EPDM roofs (2016/2019) with assignable warranties, wet sprinkler system, and much more. 1040-1050 Eastland Drive runs between Loudon Avenue and New Circle Road in the Winchester Road/eastern corridor of Lexington, KY. The property is 0.8 miles from New Circle Road, 2.7 miles from I-75/I-64 and 8.5 miles from Bluegrass International Airport. With an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Central Kentucky provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living and its location at the I-75/I-64 intersection providing a 24 hour or less drive to approximately 70% of the United States population. Property Highlights: -High demand size for Lease (17,247 SF) -Great owner-occupant purchase with in place income -Excellent office:warehouse ratio with newly-renovated office space -6 docks/4 drive ins, 16' clear height -Small outside storage for each unit -Newer roofs

1040-1050 Eastland Drive | MLS# 26019604

This commercial property located at 1040-1050 Eastland Drive, Lexington, KY 40505 is currently listed for sale with an asking price of $2,450,000. Search Lexington real estate on daniel.salliedavidson.com today.

Property Features

Property Type: Commercial - Industrial
Lot Size: 1.41 Acres
Year Built: 1970

Feature Descriptions

Business Type: Commercial, Distribution, Industrial, Warehouse
Days on Site: 1
Lot Dimensions: 1.410 acre(s)
Parcel #: 15030750, 15029380, 15029375
Parking Notes: On Site, Paved

Listed By / Shown By

Listed By

Agency Name: Block + Lot Homes

Shown By

Agent Name: Daniel Carmack
Agent Phone: (606) 524-7894
Agency Title: SALLIE DAVIDSON, REALTORS

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