Industrial Building for Sale near Airport

Industrial for Sale
Catylist Listing ID: 30700632
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Research & Development, Warehouse/Distribution, Other
Building Size (RSF): 49,600 SF
Gross Building Area: See Agent
Gross Land Area: 8.40 Acres
Sale Price: $4,150,000
Unit Price: $83.67 PSF
Property Use Type: Investment
Building Name: Emerson Electric (TopWorx)
Sale Terms: Cash to Seller
Last Updated: 1/12/2022

Overview / Comments

TRIO Commercial Property Group is pleased to offer this single tenant, TopWorx | Emerson (NYSE: EMR), net leased asset on 3300 Fern Valley Rd in Louisville, KY. The new 61 month lease will commence on January 1, 2021 and expire January 31, 2026. The owners recently acquired the adjacent 5.49 AC to allow for more parking and future expansion.

Recent renovations to the building include new Roof (2018), New Exterior
Siding and Paint (2018), Parking Lot sealed and Striped (2018), New Electrical Mains installed (2018), updated HVAC systems (2018) and updated
Shipping and receiving docks.

This building is less than 1 mile from I-65, a major north south Interstate that runs from Chicago, IL to Mobile, Alabama. It is also less than 2 miles from Ford Louisville Assembly Plant, UPS Worldport, & Louisville Muhammad Ali International Airport, the 4th busiest Cargo airport in the world.

Call agents for Investment details.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 063203860000
Zoning: EZ-1 - Enterprise Zone District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,864 69,358 262,947
Median Age: 36.95 36.22 36.9
Households: 3,282 28,137 108,672
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