Catylist ID:
#30819810
Highland Glen Industrial Park
Industrial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30819810 |
| Property Subtypes: | Industrial-Business Park, Manufacturing, Warehouse/Distribution |
| Status: | Pending/Contingent |
| Building Status: | Under Construction |
| Building Size (RSF): | 100,000 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 23.57 Acres |
| Sale Price: | See Agent |
| Docks/Doors: | 4 Docks, 4 Doors |
| Office SF: | 1,135 SF |
| Drive In Bays: | 1 Bay |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | 121 Carroll Knicely Drive |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/28/2023 |
Overview / Comments
|
121 Carroll Knicely Drive a 100,000 SF newly constructed warehouse in Glasgow, KY, located in the Highland Glen Industrial Park just 20 miles east of the Kentucky Transpark in the Bowling Green market. The building was constructed in 2022 and is scheduled to be completed in Q1 2023. The Property offers multiple expansion opportunities. The warehouse is 100,000 SF and is expandable by 31,250 SF. The property sits on approximately +23.57 AC, with excess land available for future development, additional parking or a drop lot. There is also the rare opportunity for spur access to the adjacent CSX rail line, providing connectivity across the county. The warehouse is easily suitable for a single or multi-tenant with the 1,100 SF office and shipping center located in the front/center of the property. The building functions for manufacturing or distribution, with a generic layout that could serve a multitude of users. Additional dock doors can be added to the building as well. Within the Bowling Green market, Glasgow, KY is equal distance from Louisville, KY and Nashville, TN along I-65, one of the busiest industrial corridors in the country. The Property is located just off Cumberland Parkway which connects to the well-established 900 AC Kentucky Transpark. South Central Kentucky is known as the nation’s leading producer of electric vehicles and auto manufacturing with access to a strong, skilled labor pool. The property is located in Barren County which has been certified as a “Work Ready” community providing businesses with the talent they need. The Property is a great fit for an automotive parts business looking to maximize their reach and distribution across the county. However, this property is generic in nature and would be suitable for a wide range of potential industrial uses. |
Attachments & Media
Additional Details
| Nearest MSA: | Glasgow |
| County: | Barren |
| Taxing Authority: | Barren |
| Tax ID/APN: | 63-48J |
| Zoning: | 1-2 HEAVY INDUSTRIAL |
| Highway Access: | Near Highway 31E, the Cumberland Parkway and I-65 |
| Rail Access: | Yes |
| Airports: | Louisville International Airport and Nashville International Airport |
| Area Description: | Glasgow is located in South Central Kentucky, a strategic location for any business being within a day’s drive of 60% of the nation’s population. South Central Kentucky has several interstates and major highways, major rail networks, barge traffic on the Ohio and Mississippi Rivers, three major airports and dozens of regional airports, and is within 90 minutes to UPS Worldport in Louisville, the largest fully automated package-handling facility in the world |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 98,950 SF |
| Property Condition: | Excellent |
| Year Built: | 2022 |
| Roof Type: | Other |
| Construction/Siding: | Panelized |
| Parking Description: | 47 spaces with potential to expand |
| Total Parking Spaces: | 47 |
| Column Spacing: | 50' x 62.6' |
| Sprinklers: | Wet |
| Amps: | 400 |
| X-Phase: | 3 phase distribution panel |
| Heat Type: | Electricity |
| Heat Source: | Ceiling Units |
| Lighting: | LED |
| Interior Description: | 1,050 SF for main office. 135 SF for shipping office Serves as a Tornado Shelter. Office can double in size by going to 2 stories. |
| Zoning Description: | 1-2 Heavy Industrial |
| Water Service: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 950 | 9,795 | 16,493 |
| Median Age: | 38.51 | 39.73 | 39.36 |
| Households: | 382 | 4,226 | 6,957 |
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