1953 Mercer Rd - Manufacturing FOR SALE


Lexington, KY 40511
$14,000,000 USD
859-433-8911
1953 Mercer Rd, Lexington, KY for Sale
$14,000,000 USD
Manufacturing - FOR SALE
1/16
null | Request Cap Rate

1953 Mercer Rd
Lexington, KY 40511


HIGHLIGHTS

  • Heavy 3 Phase Power
  • (4) docks, (2) grade level drive in doors
  • 18’ clear height, 40' x 40' column spacing
  • 100% climate controlled
  • Wet Sprinkler System
  • Within 3.5 miles to I-75/I-64

OVERVIEW

SVN | Stone Commercial Real Estate is pleased to present 1953 Mercer Road for sale, a 178,379 SF (Per PVA) manufacturing facility situated on 13.976 acres in the heart of the Lexington, Kentucky industrial corridor. Originally constructed in 1964 and expanded in 1970, the building is constructed of block and steel and features 32,398 sf of office space with exterior private offices and the remaining balance being an open floor plan. The office portion of the property also contains a large breakroom as well as men and women's restrooms. The specifications for the manufacturing portion of the facility include: 18’ clear heights, 40 x 40 column spacing, upgraded LED lighting (with occupancy sensors), in place heavy power, overhead crane, compressed air, four (4) dock height doors, two (2) grade level drive in doors, wet sprinkler system, and is fully climate controlled. With the size of the parcel, the facility can also be expanded. (Plans provided upon request) The property sits at the hard corner of Mercer Road and Greendale Road and is in one of Lexington's most established and supply-constrained industrial pockets. Neighbors include Amazon, UPS, FedEx Ground, LBX/Link-Belt Excavators, Georgia Pacific, Old Dominion Freight Line, Coca-Cola, and Neogen. Lastly, the property is within 3.5 miles to I-75/I-64. For further information or to schedule a private tour of the facility, please reach out to John Bunch, SIOR at 859-433-8911 or john.bunch@svn.com.

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

178,379 SF Industrial Bldg on 13.976 Acres

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

271

LAND DETAILS

LAND ACRES

13.98

LAND SF

608,969

ZONING

I-1

APN/PARCEL ID

10130500

ASK ABOUT THIS PROPERTY

John BunchSVN | Stone Commercial Real EstateMore Info
859-433-8911

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

John BunchSVN | Stone Commercial Real EstateMore Info
859-433-8911

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.