3 tenant NNN warehouse

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30786874
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Other
Building Size (RSF): 12,150 SF
Gross Building Area: See Agent
Sale Price: $1,630,000
Unit Price: $134.16 PSF
Ceiling: 12 ft.
Drive In Bays: 7 Bays
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 12,000 SF
Sale Terms: Cash to Seller
Cap Rate: 6.9%
Average Occupancy Rate: 100
Last Updated: 9/17/2022

Overview / Comments

Nice 3 tenant warehouse that is NNN with newer 2, 5 and 7 year leases.
In the path of progress on high traffic road. Owner spent over $200K in tenant improvements in the last year. 10 minutes from downtown Louisville.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-21-01-100-143.000-010
Zoning: C-1
Property Visibility: Excellent
Highway Access: I-65, I-265
Site Description: Located on high traffic E. 10th St. with great visibility and in the path of progress. Located approximately 10 minutes from downtown Louisville.
Area Description: Surrounded by businesses and rooftops. The adjacent corner lot can be available for sale as well.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Renovated: 2022
Construction/Siding: Metal Siding
Exterior Description: Metal siding and roof.
Total Parking Spaces: 30
Parking Type: Surface
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: T1/T3
Zoning Description: C-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,794 61,778 204,254
Median Age: 36.94 39.29 38.4
Households: 4,557 26,848 88,830
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