1051 Newtown PikeLexington, KY 40511

For Lease
Call for price

86,700 SF Multi-Use Business Center

Overview

Added:
Dec 11, 2024
Days on market:
92
Newtown Business Center, located at 1051 Newtown Pike in Lexington, Kentucky, presents a unique investment opportunity. This four-building complex, totaling 86,700 square feet, sits on a 9.88-acre lot and offers a diverse range of spaces suitable for retail, office, industrial, and flex uses. Currently, 2,748 square feet of space is available for lease. The property boasts ample parking and is conveniently situated at the intersection of Newtown Pike and New Circle Road, providing easy access to downtown Lexington, Interstates 75/64, and Blue Grass Airport. Built in 1982, the buildings are zoned B-1 (Neighborhood Business) and I-1 (Light Industrial), offering flexibility for a variety of businesses. The property's multiple tenancy allows for diverse occupancy and potential for strong rental income. This prime location in Fayette County, Kentucky, zip code 40511, offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a versatile and strategically located space. The property's size and zoning provide significant potential for future development or expansion. This is a rare opportunity to acquire a well-established multi-use property in a thriving Kentucky market.

Highlights

  • 86,700 SF four-building mixed-use complex on 9.88 acres.
  • 2,748 SF currently available for lease.
  • Ample parking.
  • Excellent location at Newtown Pike & New Circle Road, providing easy access to downtown Lexington, I-75/64, and Blue Grass Airport.
  • High traffic count of approximately 39,271 vehicles per day.
  • B-1 (Neighborhood Business) & I-1 (Light Industrial) zoning.

Property Details for 1051 Newtown Pike

Property type
Other warehouses, Other retail properties
RSF (Rentable sq. ft)
86,700 SF
Year Built
1982
Buildings
4

Unit(s) available at that property

Space
Bldg 1051, Suite 136
Size
2,748 SF

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0769156
Longitude
-84.4950969
1051 Newtown Pike, Lexington, Kentucky

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1051 Newtown Pike
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