10,000 - 20,000 SF Industrial Warehouse For Lease

Industrial for Lease
Catylist Listing ID: 30474945
Property Subtypes: Warehouse/Distribution
Contiguous Space: 10,000 - 20,000 SF
Building Size (RSF): 20,000 SF
Gross Land Area: 2.77 Acres
Lease Rate: $6.75 PSF (Annual)
Base Monthly Rent: $5,625
Lease Types: NNN
Usable Size (USF): 20,000 SF
Last Updated: 11/12/2019

Overview / Comments

We are pleased to offer this unmatched opportunity to lease 20,000 SF of light industrial space located at 154 Trade Street in Lexington, KY. Space is demisable to [2] 10,000 SF sections.

The property is a scarce offering in a tight industrial market loaded down with desirable features including: 22' clear height, 6 grade level drive in doors, 5 standard dock height doors (four with levelers), fenced in lay down storage area, just to name a few. The improvement sits upon 2.77 acres providing ample employee/customer parking as well as shared lot space for tractor trailers.

Currently the space has no office component. New owners of the property have expressed willingness to build-out office space to spec for a user. Substantial improvements of the property are underway including newly paved, sealed, and striped parking lot, updated high efficiency lighting, as well as fresh exterior paint. Tentative timeline for availability of the space is December 1, 2019. Agent is owner.

Highlights:
• $6.75 psf/yr NNN Lease
• 10,000 - 20,000 SF
• Zoned I-1 (Light Industrial)
• (6) Grade level drive-in-doors
• (5) Standard height dock doors (4 with levelers)
• 22' Clear
• High Efficiency lighting
• Fenced in outdoor storage yard
• Less than 5 miles from I-64 and I-75 interchange

Expand All 2 Spaces Available

Suite: 154 Trade St A 10,000 SF $6.75 PSF (Annual) NNN
Suite: 154 Trade St B 10,000 SF $6.75 PSF (Annual) NNN

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 20036830
Zoning: I-1
Property Located Between: Leestown Road and Trade Street
Highway Access: Less than 5 miles from I-64 and I-75 interchange
Site Description: $6.75 psf/yr NNN Lease 10,000 - 20,000 SF Zoned I-1 (Light Industrial) (6) Grade level drive-in-doors (5) Standard height dock doors (4 with levelers) 22' Clear High Efficiency lighting Fenced in outdoor storage yard Less than 5 miles from I-64 and I-75 interchange
Area Description: 154 Trade Street is located in the Northwest Corridor of Lexington, KY. The property sits just outside of New Circle Road but inside the newly extended Citation Boulevard. The site is located less than 5 miles from the major interstate interchange of I-64 and I-75. Lexington, KY being centrally located to the eastern seaboard can logistically service half of the U.S. population within a 24 hour drive.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1987
Parking Type: Surface
Sprinklers: Wet
Zoning Description: I-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,177 61,978 155,020
Median Age: 31.86 31.85 35.93
Households: 1,931 25,134 63,015
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