Decimal Point Business Park- Three Flex Buildings

Industrial for Sale
Catylist Listing ID: 30441565
Property Subtypes: Flex Space, Industrial-Business Park
Building Size (RSF): 118,024 SF
Gross Building Area: See Agent
Gross Land Area: 8.20 Acres
Sale Price: See Agent
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2019

Overview / Comments

​​​​​​The subject property is located in east Louisville and is considered part of the Bluegrass office and industrial sub market and Jeffersontown tax district.

This property listing consists of three buildings comprised of 118,024 square feet of multi-tenant flex space, of which 100% is currently occupied. Originally developed by Trammell Crow Company from 1985 to 1987, the buildings range in age from 29 to 31 years and are in excellent condition; they are structurally functional and have good utility.

Highlights:
- Three attractive, functional single-story, flex buildings with historically high occupancy
- Great visibility and location with easy access to Interstate I-64, the airport and downtown
- This location offers close proximity to neighborhoods and amenities for employees
- Attractive, highly sought-after product type and size with limited competition
- Attractive, highly sought-after product type and size with limited competition
- Property includes both Dock-High and Drive in doors
- Thriving suburban office and industrial submarket
- Below-market contract rent
- Convenient Parking on-site

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 223900420000
Zoning: PEC - Planned Employment Center District
Property Located Between: Decimal Drive and Bluegrass Parkway
Highway Access: I-64: 0.6 miles I-265: 2.4 miles I-264: 5.7 miles Ford Truck Plant: 9.6 miles Louisville International Airport/UPS Worldport: 14.5  miles
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Parking Type: Surface
Zoning Description: PEC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,117 66,119 175,484
Median Age: 46.62 41.46 40.32
Households: 1,780 27,811 74,059

Contact

Photograph of Listing Agent

Clay F Manley

Fortis Group KCREA Member
Photograph of Listing Agent

Mark G Wardlaw

Fortis Group KCREA Member
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