2321 Maggard Drive

Industrial for Lease
Catylist Listing ID: 30720653
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Contiguous Space: 11,876 SF
Building Size (RSF): 11,876 SF
Gross Building Area: See Agent
Gross Land Area: 2.17 Acres
Lease Rate: $6.95 - 8.75 PSF (Annual)
Base Monthly Rent: $6,878 - 8,659
Lease Types: NNN
Ceiling: 17 ft.
Docks/Doors: 1 Dock
Office SF: 5,406 SF
Drive In Bays: 1 Bay
Last Updated: 9/22/2021

Overview / Comments

2321 Maggard Drive was originally constructed in 2001 and totals 11,876. The split faced block/metal building features 5,406 SF of office, on a 2.17 Acre I-2 (heavy industrial) zoned site. The 6,470 SF warehouse has LED lighting, 17’ clear height, 480 /240 V 800 Amp. 3 Phase main electric, one dock with edge leveler and dock light, and one 14’ drive-in door to the outside yard. The building has 30 parking spaces and trailer parking, a security system in place with a key fob system, and building signage. Recent improvements include new LED bulbs in the warehouse, sealed concrete floors and walls, and new paint and carpet in the office. The property features additional mezzanine storage not included in the total SF and appx. ½ acre barbed wire fenced storage that is expandable, graveled, and flat with multiple electrical drops. The building + outside storage is being offered for lease for $8.75/SF. The building alone is available for $6.95/SF.

Property Highlights:
• Expandable ½ AC outside storage
• Newly renovated offices
• 1 dock/1 drive-in
• New Warehouse LED’s
• Building/Outside Storage can be leased separately
• 3 Phase electric

Attachments & Media

Expand All Available Space

Suite: 100 11,876 SF $6.95 - 8.75 PSF (Annual) NNN
Space Available: 11,876 SF
Lease Rate: $6.95 - 8.75 PSF (Annual)
$6,878 - 8,659 (Monthly)
Lease Type: NNN
Space Description: The building + outside storage is being offered for lease for $8.95/SF. The building alone is available for $6.95/SF.
Date Available: 4/1/2021
Space Type: Relet
Kitchen Yes
Ceiling 17 ft. Clear
Loading Docks 1
Drive In Bays 1
Office Space 5,406 SF

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 38040710
Zoning: I-2
Area Description: 2321 Maggard Drive is located in Bluegrass Commerce Center off of Georgetown Road on the north end of Lexington. The property is less than 1/2 mile away from the new Citation Blvd. Extension which has created improved access and synergy between the industrial parks and interstate system. The property is 3 miles from I-64/I-75, 8 miles from Bluegrass International Airport and 4 miles from The University of Kentucky (33,000 students). 2321 Maggard Drive is in close proximity to other prominent industrial users including: UPS, Fed Ex, Link Belt, Amazon, Rexel, Nitto, Kentucky Eagle Beer, Big Ass Solutions, TruGreen, Conway, Jobbers Exhaust, Sumitomo and many more. With an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Lexington provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living and its location at I-75/I-6 intersection providing a 24 hour or less drive to approximately 70% of the United States population.
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 2001
Total Parking Spaces: 30
X-Phase: Three
Zoning Description: Heavy Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,103 64,939 140,986
Median Age: 31.11 34.02 34.52
Households: 2,338 24,660 56,732


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