1040-1050 Eastland Drive
Lexington, KY, 40505 $ 2,450,000
Bedrooms-- Baths-- Sq 30,488 for $2,450,000. This 30,488 square foot property was built in 1970 on a lot size of 1.41.
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
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FeaturesGeneralPossession Close Of Escrow
Zoning Other
Security Features Fire Sprinkler System
Year Built 1970
Electric 3 Phase 200+ Amp Service
Property Subtype Industrial
Parcel Number 15030750 15029380 15029375
Business Type Warehouse Industrial Distribution Commercial
County Fayette
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Status Active
Directions Winchester Road outbound to left on E. Loudon then right onto Eastland Drive. The property will be on your right.
City Lexington
Zoning Description I-1 Light Industrial
MLS Area 002 - Fayette County NE
Lot Size Units Acres
Lot Size Square Feet 61419.6
Land Lease Y/N N
MLS Area Minor 002 - Fayette County NE
Leasable Area 17247.0
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Lease Type NNN
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorParking Features On Site Paved
Lot Size Area 1.41
Number of Buildings 1
Building Area Total 30488.0
Lot Size Acres 1.41
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Total Baths 0
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* Excluded FeaturesList Byadam@balrealestate.comEmail
NearbyAbout Lexington, KY 309,571 Population
19% Since 2002
$ 49,858 Median Income
34.93 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/23/2026 | $2,450,000 | | Listed Price |