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100 Granite Ridge Lane - Hydra Warehouse, Frankfort, KY

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100 Granite Ridge Lane - Hydra Warehouse

Frankfort, KY 40601

Property Type:Industrial Sub Type:Warehouse Status:Existing Year Built:2016
Building Size:225,400 SF Land Area:22.08 AC (961,805 SF)
Ceiling Height:28'0'' Loading Docks:27 ext Rail:- Power:600a/400v
For Sale Price:$12,790,000 Price/SF:$56.74
Cap Rate:7.00 %
Zoning:I Sprinklers:ESFR Drive Ins:1 tot. Cranes:-
Parking:32 Surface spaces are available; Ratio of .14/1,000 SF

Sale Notes:
Lee & Associates, in conjunction with JLL, is pleased to market for sale a fee-simple interest in a 225,400 square foot warehouse and distribution facility located at 100 Granite Ridge Lane, in Frankfort Kentucky.

This Class A facility is a newly constructed build to suit for the current tenant, Hydra Trucking & Warehouse. Hydra is highly diversified in its breadth of services and offers bulk warehouse storage, transportation, repack & reselect, and full distribution services. They currently have facilities and operate in the states of California, Colorado and Kentucky (Frankfort & Louisville).

The current NNN lease commenced in September of 2016 and is leased through August of 2027.

Constructed with concrete tilt-wall panels, the Property features an average of 30 foot clear heights and abundant dock and drive-in door capacity. In addition, 50 foot by 50 foot column spacing and 60 foot staging bays combined with market-leading facility designs to ensure maximum efficiencies suitable for Hydra' s business operations.
The property is located in Kentucky's state capital, Frankfort, and is ideally situated with convenient access to Interstate 64 at a mid-point between Louisville and Lexington. The subject property has critical accessibility to key transportation routes via Interstate 75, Interstate 71, and Interstate 65.

Ed Halaburt
(312) 228-2007

Lee & Associates Commercial Real Estate Service
Ryan Barr
(760) 448-2446

Ryan Bennett
(760) 448-2449

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