2671 Owingsville Rd - Warehouse FOR SALE


Mount Sterling, KY 40353
$5,826,667 USD
203-253-9455
2671 Owingsville Rd, Mount Sterling, KY for Sale
$5,826,667 USD
Warehouse - FOR SALE
1/3
null | 7.5% Cap Rate

2671 Owingsville Rd
Mount Sterling, KY 40353


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Brand New, 20-Year Sale-Leaseback
  • Attractive Rental Increases
  • Mission Critical Facility

OVERVIEW

Surmount and Bang Realty is pleased to present the exclusive listing for a Basin Industries property located at 2671 Owingsville Road, Mount Sterling, KY 40353. The site consists of roughly 75,795 rentable square feet of building space on an estimated 34.55-acre parcel of land. Basin Industries is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $437,000 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$5,826,667 USD

PRICE/SF

$96 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Basin Industries

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

14 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

34.55

LAND SF

1,504,998

ZONING

I-1

APN/PARCEL ID

031-00-00-001.00

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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