Freestanding Retail/Flex Building

For Lease 8,463 SF

1490 Flemingsburg Rd, Morehead, KY 40351

The site is located near I-64 off Exit 137. Morehead and Rowan County serve as a regional and economic development hub servicing over 100,000 people in health care, education, recreation and retail, boasting a strong workforce. The community is strategically located next to Interstate 64 in eastern Kentucky between Lexington, KY and Charleston, WV. Morehead is a progressive community taking the challenges necessary to ensure planned growth and development. Morehead State University is one of only four universities in the nation to offer a space science degree and have the Center for Advanced Manufacturing through Maysville Community & Technical College to train the workforce in specialized fields.NAI Isaac is pleased to present a freestanding retail/flex building for sale in Morehead, Kentucky. The site is situated on Flemingsburg Road (KY 32) near I-64 at Exit 137.NAI Isaac is pleased to present a freestanding retail/flex building for lease in Morehead, Kentucky. The site is situated on Flemingsburg Road (KY 32) near I-64 at Exit 137.

Key features

  • +/-8,463 SF freestanding retail/flex building on +/-1.198 AC
  • Adjacent to Ace Hardware
  • Area retailers include Walmart, Kroger, Lowes, Burkes Outlet, Starbucks, Cracker Barrel and more
  • Direct ingress/egress on Flemingsburg Road
  • High visibility location with a daily traffic count of +/-28,905 VPD in front of the site
  • Large monument signage position
  • Large wrap around front exterior patio
  • Less than 1 mile from I-64 interchange at Exit 137
  • Morehead serves as a regional economic hub servicing over 100,000 in healthcare, education and retail
  • Morehead State University is 3.5 miles away with enrollment of +/-8,700 students and 419 employees
  • Owner occupant or private investor suitability
  • Roll-up garage door with secured storage area
  • St. Claire Regional Medical Center is 2.8 miles away and is the second largest employer in the region over 1,300 staff members and 159 beds

Rental Details

  • Number of spaces 1
  • Total square feet available 8,463 SF
  • For Lease $12.76/SF/YR
  • Space Type Freestanding
  • Lease Type NNN
  • Latest Update Oct 8, 2026
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1 Space Available

Building

Space Type
Freestanding
Lease Rate
$12.76/SF/YR
Total Space
8,463 SF
Lease Type
NNN

Contacts

Zach Smith, CCIM

NAI Isaac

Building Details

  • For Lease $12.76/SF/YR
  • Property Type Retail - Freestanding
  • Property Size 8,463 SF
  • Lot Size 1.2 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Date Updated Oct 8, 2026

Location

  • City Morehead, KY
  • Zip Code 40351
  • Walk score 32/100 Car-Dependent
  • Bike score 20/100 Somewhat Bikeable
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Points of Interest

Fast Lane

0.31 miles

Marathon

0.31 miles

BP

0.37 miles

Speedway

1.10 miles

Valero

1.55 miles

Shell

2.16 miles

Student Parking Garage

2.15 miles

Over Flow

2.41 miles

AAC Parking lot

2.60 miles

Buckskin Trailhead

8.32 miles

Walmart Supercenter

1.21 miles

IGA

2.02 miles

Listing Summary

  • Retail Space Costs at 1490 Flemingsburg Rd

    The asking rent for retail space in this property starts at $12.76/SF/YR.

  • Retail Space Available

    The property exclusively contains Freestanding space totaling 8,463 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
Contact Zach Smith, CCIM
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