255 Big Run Rd - Light Manufacturing FOR SALE


Lexington, KY 40503
$820,000 USD
859-433-8911
255 Big Run Rd, Lexington, KY for Sale
$820,000 USD
Light Manufacturing - FOR SALE
1/10
null | Request Cap Rate

255 Big Run Rd
Lexington, KY 40503


HIGHLIGHTS

  • 8,250 SF industrial flex building
  • Divided into five 1,650 SF suites
  • 100% occupied at below-market rents
  • Located in a prime industrial zone in South Lexington
  • Ideal for both owner-occupiers and long-term investors
  • I-2 Heavy Industrial Zoning

OVERVIEW

SVN Stone Commercial Real Estate is pleased to bring to market 255 Big Run Road, an outstanding 8,250 SF Flex Industrial Facility strategically located in one of the few industrial- zoned pockets on the south end of Lexington, KY. The property is demised into five units that are all 1,650 sf. The front portion of the units are built out as office space with the remaining portion being warehouse space with each space having its own grade level drive in door. All of the units are occupied at this time and are paying below-market rental rates, creating immediate value-add potential for new ownership through future rent adjustments. Whether you’re an owner-occupant seeking a flexible operating space or a long-term investor targeting income, this asset delivers on both fronts. The highly desirable industrial zoning, combined with Lexington’s constrained supply in this sector, makes this a rare acquisition opportunity in a tightening market. For further information on the asset including the current rent roll, lease abstracts, and proforma, as well as to schedule a tour of the space, please reach out to John.bunch@svn.com or call 859-433-8911.

FOR SALE DETAILS

PRICE

$820,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8,250 SF Industrial Flex Facility FOR SALE

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.55

LAND SF

23,958

ZONING

B-4

APN/PARCEL ID

10468965

ASK ABOUT THIS PROPERTY

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

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

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