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
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

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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


Photograph of Listing Agent

Mark G Wardlaw

Fortis Group KCREA Member
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