1040-1050 Eastland Dr

Industrial for Sale
Catylist Listing ID: 30870972
Property Subtypes: Mixed Use, Light Industrial, Warehouse/Distribution
Building Size (RSF): 31,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.30 Acres
Sale Price: $2,600,000
Unit Price: $83.87 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/22/2024

Overview / Comments

1040-1044, 1048, 1050 Eastland Drive, Lexington, KY 40505

Tight market and limited availability of I-1- Light Industrial Space.

Approximately 31,000 SF on 1.3 acres.

2,700 SF of office space in Suite 1040 and 1,500 SF of office space in Suite 1050.

Fully sprinklered with wet sprinkler system.

200 Amp service.

New roof installed in 2021 with a 15 year warranty Carlisle Roof System.

Available for occupancy at the end of May.

Ideal for owner/occupant tired of paying rent.

Great access to New Circle Road, interstates and downtown. Convenient location for contractors.

Easily divisible for two tenants.

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 15030750
Zoning: I-1 - LIGHT INDUSTRIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,982 109,420 226,313
Median Age: 38.12 34.92 34.63
Households: 6,589 47,077 96,591
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