1034 Story Ave, Louisville, KY 40206 For Lease

Property Overview

Now available for lease, 1034 & 1052 Story Avenue offers a rare urban industrial flex opportunity totaling 12,319 SF across two buildings, with lease economics based on a 9,760 SF building footprint and an additional 2,559 SF mezzanine included in the offering. Located at the edge of NuLu, the property is zoned M-2 and EZ-1 and is well suited for light industrial, contractor, service, distribution, or creative office users seeking proximity to Downtown Louisville.

Building #1 contains 8,160 SF of ground-level footprint, comprised of approximately 4,080 SF of office and 4,080 SF of warehouse, plus a 2,559 SF mezzanine that provides additional functional space without impacting lease calculations. The building is insulated, heated, and cooled and is currently occupied by ownership and a secondary month-to-month tenant. Ownership will vacate as negotiated, and the remaining tenant can be delivered with 90 days’ notice, providing a clear path to single-user occupancy.

Building #2 is a 1,600 SF warehouse/workshop that is vacant and available immediately. This unconditioned structure is ideal for storage, workshop use, or auxiliary operations. The property features 13’–15’ clear heights, three grade-level bay doors, and 3-phase power, offering functional flexibility in a central infill location that serves as a compelling alternative to suburban industrial product.

In addition to the buildings, tenants may lease approximately 0.31 acres of additional parking or outdoor storage on an adjacent parcel. The area can be divided on a first-come, first-served basis, with additional rent and prorated property taxes applied based on usage—providing valuable flexibility for fleet parking, equipment staging, or overflow storage near the urban core.

Lease Terms:

• Asking $14/SF/Yr

• NNN; Tenant is responsible for operating expenses, estimates below:

  • Taxes: $11,587.01 Annually ($965.58/Mo. or $0.94/SF/Yr)

  • Insurance: $11,000 Annually ($916.67/Mo. or $0.89/SF/Yr)

  • Utilities: Tenant Dependent

  • Repairs & Maintenance: Tenant Dependent

• Term: 5 Yr+

• 3% Annual Escalations

• Build-Out/Tenant Improvements are negotiable depending on term and tenant credit

Additional Parking/Outdoor Storage:

• There is an estimated 0.31 Acre parking lot that can be divided and secured for additional parking on a first come, first serve basis. Property taxes and additional rent will be applied in accordance with the prorated share of the lot being used.

  • Property taxes for the lot alone is about $2,735.81 annually.

THE 1,600 SF BUILDING CANNOT BE LEASED SEPARATELY.

Please contact our team for more information or to schedule a tour @ 502-306-3635!