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2 Acre Industrial Facility For Lease

740-758 Phillips Ln, Lexington, KY 40504

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Overview

We are pleased to present an exceptional warehouse and outdoor storage opportunity located at 740 Phillips Lane in Lexington, KY. The property consists of 5,080 SF and is available for lease starting August 1, 2026, at a rate of $8,900 per month NNN.

The property is zoned I-2 (Heavy Industrial) and features a warehouse along with approximately 2 acres of fully fenced, flat yard space, ideal for outdoor storage, equipment staging, or fleet use. The warehouse includes a gas heater, two (2) 12-foot grade-level drive-in doors, and durable steel construction, making it well suited for a variety of industrial users. In addition, the property offers approximately 800 SF of office space, including a reception area, three private offices, and a restroom.

Situated in a convenient Lexington location, the property provides easy access to major roadways and is well positioned for local and regional distribution and offers rare outdoor storage close to downtown Lexington.

$8,900 Per Month NNN
5,080 sf Warehouse
2 acres fenced in outdoor storage
Zoned I-2 Heavy Industrial
Available August 1st

Lease Spaces

NameRateSFAcresStatus
2 Acre Industrial Facility For Lease$8,900 /Month1 SF2 acavailable

For Lease

Industrial
Lease Rate
$8,900 Month
Available SF
1 SF
Acres
2 ac
Zoning
I-2
Zoning Desc.
Heavy Industrial
Lease Type
NNN
Building Name
2 Acre Industrial Facility For Lease
Year Built
1960
County
Fayette
Available
05/27/2026
Listed
05/27/2026
Updated
05/28/2026
Listing ID
d48983cb
Parcel APN
24546751