Production/Warehouse/Distribution Facility

Industrial for Lease
Catylist Listing ID: 30351368
Property Subtypes: Warehouse/Distribution
Contiguous Space: 158,800 SF
Gross Building Area: 385,000 SF
Lease Rate: $2.50 PSF (Annual)
Base Monthly Rent: $33,083
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 9/10/2020

Overview / Comments

Sublease opportunity available in a +/-385,000 SF former production / warehouse / distribution facility on +/-43.4 acres. The building includes +/-11,200 SF office space and +/-158,800 SF warehouse/distribution space with a clear ceiling height of 34’ minimum, 7 dock doors and heavy power available for sublease. The rear +/-115,000 SF high bay expansion area with clear ceiling height of +/-38'-44' is not available to sublease at this time. This property may be eligible to benefit from incentives for investing in Opportunity Zones - to learn more visit http://www.thinkkentucky.com/OZ/.

Attachments & Media

Expand All Available Space

Suite: Building 158,800 SF $2.50 PSF (Annual) NNN
Space Available: 158,800 SF
Lease Rate: $2.50 PSF (Annual)
$33,083 (Monthly)
Lease Type: NNN
Date Available: 11/15/2018
Space Type: Sublet

Additional Details

Nearest MSA: Mount Sterling
County: Montgomery
Tax ID/APN: 031-00-00-050.21
Zoning: TBD
Area Description: Mount Sterling, Montgomery County, is located on I-64 just 29 miles east of Lexington, offers a combination of big city amenities and rural community advantages. Strong work ethic, moderate land and building prices, labor availability and low turnover rates are indicative of a rural community. Services such as commercial air travel, universities, performing arts, fine restaurants, industrial services and supplies, and endless shipping are available within a short distance. This combination makes Mount Sterling a logical choice for your business. It is the economic engine for this Central Kentucky region as noted by Site Selection magazine, recently placing the community as a top ten Micropolitan community in Kentucky. This is due to the growth and capital investment made in the community.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,677 8,873 17,047
Median Age: 35.91 36.26 37.84
Households: 688 3,608 6,850

Contact

Photograph of Listing Agent

Bruce R Isaac

NAI Isaac KCREA Member
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