Industrial Flex Units For Sale

Industrial for Sale
Sale Pending
Catylist Listing ID: 30823006
Property Subtypes: Flex Space, Free-Standing
Status: Pending
Building Size (RSF): 9,600 SF
Sale Price: $1,000,000
Unit Price: $104.17 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2022

Overview / Comments

We are pleased to present eight industrial flex units for sale at 220 Big Run Road. One of the most desired asset types in the market today, these flex spaces have a track record of high demand and minimal vacancy. With ~600 SF of office and ~600 SF of warehouse in each unit, these spaces make a perfect home for a multitude of uses. The property is zoned I-2, sits on a half acre, has visibility and signage on New Circle Road, and has room for up to 32 parking spaces.

HIGHLIGHTS
Eight Industrial Flex Units For Sale
Prime location with visibility on New Circle Road
Signage on New Circle Road
Zoned I-2
+/- 9,600 SF
Up to 32 parking spaces

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 38090050
Zoning: I-2
Area Description: Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,685 131,898 235,584
Median Age: 38.66 35.72 35.6
Households: 5,758 56,417 99,740
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