CMS Investments

Industrial for Sale
Catylist Listing ID: 30344696
Property Subtypes: Net Leased
Building Size (RSF): 29,048 SF
Gross Land Area: 0.73 Acres
Sale Price: $560,000
Unit Price: $19.28 PSF
Ceiling: 12 ft.
Docks/Doors: 2 Docks
Office SF: 6,030 SF
Drive In Bays: 1 Bay
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: CMS Investments
Usable Size (USF): 29,048 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/20/2018

Overview / Comments

Investment property leased to American Producers Supply of Marietta, Ohio until January 31, 2023 with a 6,030 SF first floor office, an 11,558 SF first floor warehouse, an 11,460 SF second floor warehouse, two docks, one leveler and one 10' x 10' drive-in door near downtown Louisville and I-64. Qualified prospects and real estate salespeople must sign a confidentiality agreement to receive a copy of the lease.

A cooperating real estate company may receive a 3% real estate commission.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Submarket Type: Redevelopment District
Taxing Authority: City of Louisville; Jefferson County
Tax ID/APN: 013A01570000; 013A017700000; 013A01960000; 013A01560000; 013A01550000; 013A01540000; 013A01530000
Zoning: M-1 - Industrial District
Property Located Between: West Madison Street and West Jefferson Street.
Highway Access: Two miles from I-64.
Airports: Louisville International Airport and Bowman Field
Site Description: Level site with a fenced yard.
Area Description: Industrial and residential.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1890
Roof Type: Arched
Construction/Siding: Block, Brick, Metal Siding
Exterior Description: Brick, block and metal.
Parking Type: Surface
Parking Description: Gravel parking lot and street parking.
Total Parking Spaces: 20
Sprinklers: None
Amps: 400
Volts: 240
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Interior Description: Attractive offices with warehouse tool rooms and bulk storage areas.
Zoning Description: M-1
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,239 136,610 288,689
Median Age: 31.84 35.4 36.81
Households: 7,710 58,113 124,379

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