This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1040-1050 Eastland Dr

30,428 SF Industrial Building Lexington, KY 40505 £1,735,800 (£57/SF)

Investment Highlights

  • Tight market and limited availability of I-1- Light Industrial Space.
  • 2,700 SF of office space in Suite 1040 and 1,500 SF of office space in Suite 1050.
  • Great access to New Circle Road, interstates and downtown. Convenient location for contractors.
  • Approximately 31,000 SF on 1.3 acres.
  • New roof installed in 2021 with a 15 year warranty Carlisle Roof System.
  • Ideal for owner/occupant tired of paying rent. Easily divisible for two tenants.

Executive Summary

1040-1044, 1048, 1050 Eastland Drive
Lexington, KY 40505
Tight market and limited availability of I-1- Light Industrial Space.
Approximately 31,000 SF on 1.3 acres.
2,700 SF of office space in Suite 1040 and 1,500 SF of office space in Suite 1050.
Fully sprinklered with wet sprinkler system.
1200 Amp service.
New roof installed in 2021 with a 15 year warranty Carlisle Roof System.
Available for immediate occupancy.
Ideal for owner/occupant tired of paying rent.
Great access to New Circle Road, interstates and downtown. Convenient location for contractors.
Easily divisible for two tenants.
Price: $2,200,000
Total Land Size: 1.3 AC
Total Building Size: 31,000 SF
Property Type: Industrial Warehouse
Zoning: I-1 – Light Industrial
Traffic Counts: Eastland Dr – 5,169

Property Facts

Price £1,735,800
Price Per SF £57
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
  • Light Industrial Light Distribution
Building Class C
Lot Size 1.29 AC
Rentable Building Area 30,428 SF
Number of Floors 1
Year Built 1970
Tenancy Single
Parking Ratio 0.49/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 6
Level Access Doors 1

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 1040-1050
  • 30,428 SF
  • Industrial
  • -
  • Now

Tight market and limited availability of I-1- Light Industrial Space. Approximately 31,000 SF on 1.3 acres. - 2,700 SF of office space in Suite 1040 and 1,500 SF of office space in Suite 1050. - Fully sprinklered with wet sprinkler system. - 1200 Amp service. - New roof installed in 2021 with a 15 year warranty Carlisle Roof System. - Available for immediate occupancy. - Great access to New Circle Road, interstates and downtown. Convenient location for contractors. - Easily divisible for two tenants. Lease Price: $7.00 /SF/Yr (NNN) Total Land Size: 1.3 AC Total Building Size: 31,000 SF Property Type: Industrial Warehouse Zoning: I-1 – Light Industrial Traffic Counts: Eastland Dr – 5,169

Space Size Space Use Condition Available
1st Fl - 1040-1050 30,428 SF Industrial - Now

1st Fl - 1040-1050

Size
30,428 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - 1040-1050

Size 30,428 SF
Space Use Industrial
Condition -
Available Now

Tight market and limited availability of I-1- Light Industrial Space. Approximately 31,000 SF on 1.3 acres. - 2,700 SF of office space in Suite 1040 and 1,500 SF of office space in Suite 1050. - Fully sprinklered with wet sprinkler system. - 1200 Amp service. - New roof installed in 2021 with a 15 year warranty Carlisle Roof System. - Available for immediate occupancy. - Great access to New Circle Road, interstates and downtown. Convenient location for contractors. - Easily divisible for two tenants. Lease Price: $7.00 /SF/Yr (NNN) Total Land Size: 1.3 AC Total Building Size: 31,000 SF Property Type: Industrial Warehouse Zoning: I-1 – Light Industrial Traffic Counts: Eastland Dr – 5,169

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15029375
  • 15030750
  • 15029380
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,422,018

zoning

Zoning Code I-1 (Light Industrial)
I-1 (Light Industrial)
  • Listing ID: 31466174

  • Date on Market: 10/04/2024

  • Last Updated:

  • Address: 1040-1050 Eastland Dr, Lexington, KY 40505

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}