360 S Big Run Rd - Industrial FOR SALE


Ashland, KY 41102
$1,999,900 USD
859-967-7299
360 S Big Run Rd, Ashland, KY for Sale
$1,999,900 USD
Industrial - FOR SALE
1/13
null | Request Cap Rate

360 S Big Run Rd
Ashland, KY 41102


HIGHLIGHTS

  • Stabilized - Fully Occupied
  • 1 mile from I-64 interchange
  • 9.1-acre site allows an opportunity of expansion and/or additional outside storage
  • 16' drive-in doors on both buildings, 20'-25' clear height, 3-phase electric, LED lighting, and more
  • Please contact agents for financial information

OVERVIEW

Block + Lot is pleased to present 402 and 360 South Big Run Road, a premier industrial investment opportunity in the heart of Ashland, KY. This property comprises two fully occupied, industrial buildings totaling ±25,000 SF on ±9.1 acres, zoned Commercial. 360 South Big Run Road features a 10,000 SF building with an 80% warehouse and 20% office ratio. The office includes three private offices, two bathrooms with showers, a kitchen, and a washer/dryer room, with radiant heating throughout. The warehouse offers one +/- 16 ft drive-in door, clear height of +/- 20 ft, and motion-sensor LED lighting. Currently occupied by the owner seeking a 1-2 year leaseback. 402 South Big Run Road consists of a 15,000 SF building leased to a long-term occupant Maviro, with around 5 years left in term with a 5 year renewal option. It includes a small office area with a kitchen, conference room, and reception, complemented by a warehouse with six +/- 16 ft drive-in doors, a clear height +/- 25 ft, 3 Phase Electric, and accommodated with gas heaters. This property offers a prime opportunity for investors seeking a stable, cash-flowing asset in a strategic location. (Please contact agents for financial information.) -Stabilized - Fully Occupied -1 mile from I-64 interchange -9.1-acre site allows an opportunity of expansion and/or additional outside storage -16' drive-in doors on both buildings, 20'-25' clear height, 3-phase electric, LED lighting, and more -Please contact agents for financial information

FOR SALE DETAILS

PRICE

$1,999,900 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

360 & 402 S. Big Run Road

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

7

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.1

LAND SF

396,396

ZONING

COMMERCIAL

APN/PARCEL ID

017-01-00-040.02,017-01-00-040.05

ASK ABOUT THIS PROPERTY

Woods RouseBlock+LotMore Info
859-967-7299

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Woods RouseBlock+LotMore Info
859-967-7299

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