1419 Dixie Hwy - 1735 W Burnett Ave

Industrial for Sale
Catylist Listing ID: 30223870
Property Subtypes: Light Industrial
Building Size (RSF): 373,428 SF
Gross Building Area: See Agent
Gross Land Area: 11.40 Acres
Sale Price: $4,100,000
Unit Price: $10.98 PSF
Ceiling: 28 ft.
Docks/Doors: 18 Docks
Office SF: 4,200 SF
Drive In Bays: 9 Bays
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

Leased investment opportunity with modified gross lease(s) includes two separate buildings that must be sold together. 1419 Dixie Hwy is a 311,088 SF building located on 9.6 acres. 1735 W Burnett Ave is a 62,340 SF building on 1.88 acres. The buildings offer both drive-in and dock high loading. Dixie Hwy has 28' ceilings and Burnett Ave has up to 20' ceilings. Dixie has 15 docks and 8 drive-in doors. Burnett has 3 docks and 1 drive-in door.

Located between Dixie Highway and 15th Street, this location offers close access to I-64 and I-264. Currently, both buildings are 100% occupied.

Current Tenants

Tenant Business Name Accu-tec Inc.
Website URL http://accu-tec.com/
Is Renting? Yes

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 039H00020000
Zoning: EZ-1 - Enterprise Zone District
Property Located Between: Dixie Hwy and 15th Street
Highway Access: I-264 at Virginia Ave.
Airports: Louisville International Airport
Site Description: Industrial site, paved/concrete.
Area Description: Industrial
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1910
Roof Type: Other
Construction/Siding: Aluminum Siding, Block, Steel Frame
Parking Type: Surface
Parking Description: On and off street. 1.3 acres can be used for parking.
Heat Type: Natural Gas, Propane
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent, Metal Halide
Internet Access: Cable
Zoning Description: EZ-1
Easements: Utilities, Other
Easements Description: Rail
Land Ownership: The Dayton Hydraulic Co.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,702 141,455 281,152
Median Age: 35.52 35.21 36.3
Households: 7,021 59,239 120,383
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