Catylist ID:
#30830828
Rare 38,800 SF Industrial Building (I-1) on 2.63 acres
Industrial
for Sale
| Catylist Listing ID: | 30830828 |
| Property Subtypes: | Free-Standing, Light Industrial, Warehouse/Distribution |
| Building Size (RSF): | 38,800 SF |
| Gross Building Area: | See Agent |
| Sale Price: | See Agent |
| Ceiling: | 19 ft. |
| Docks/Doors: | 2 Docks |
| Office SF: | 5,000 SF |
| Drive In Bays: | 2 Bays |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/23/2023 |
Overview / Comments
|
We are pleased to offer this opportunity to purchase a 38,800 sf industrial (I-1) building located in Lexington, KY. The building sits on +/-2.63 acres and is positioned for manufacturing, distribution, and warehousing space. The property is located less than 4 miles from the I-75/I-64 interchange which provides logistical ease to the densely populated East Coast. The building is set up with approximately 5,000 sf of finished office space and 33,800 sf of high grade manufacturing space. The office space contains 8 private offices, kitchenette, conference room, and men and women's restrooms, as well as a second story mezzanine (not included in the SF). The manufacturing space boasts over 4,000 amps of recently upgraded heavy power. The property features 19'9"+/- ft peak height sloping down to 13 ft eaves. The warehouse contains upgraded high efficiency LED lighting and HVLS (Big Ass) Fans. Other manufacturing benefits include gas fired radiant heaters, compressed air system, enclosed paint booth, sprinkler system, as well as two docks and two grade level drive in doors. HIGHLIGHTS 38,800 SF (I-1) 5,000 SF Office/33,800 Manufacturing Space +/- 2.63 Acres 19'9" Clear Height Sloping to 13' Eaves 2 Dock High Doors with Levelers 2 Grade Level Drive in Doors Heavy Power (4,000 amps) |
Attachments & Media
Additional Details
| Nearest MSA: | Lexington-Fayette |
| County: | Fayette |
| Tax ID/APN: | 13208975 |
| Zoning: | I-1 |
| Area Description: | 2029 Buck Lane is Located in the premier northwest industrial corridor of Lexington Kentucky. The property sits between Georgetown and Leestown road with close proximity to the recently extended Citation Boulevard. The location of the property provides logistical ease of access to two major interstates in I-75 (North to South) and I-64 (East to West) situated less than four miles from the interchange. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,794 | 58,488 | 145,069 |
| Median Age: | 31.37 | 33.26 | 34.73 |
| Households: | 2,337 | 22,783 | 58,276 |
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