Versatile Industrial Opportunity in High Density Lexington Corridor

Highlights:

• 105,804 SF
• 5.957 acres
• Zoned I-1 (Light Industrial) with an adaptive reuse overlay
• Population of 225,000 within 5-mile radius
• Abundance of outdoor storage and parking
• 4 Megawatts of existing power (with ability to step up)
• Available for both lease and sale

Description:

SVN Stone Commercial Real Estate is excited to bring to market a highly adaptable industrial zoned opportunity in the heart of Lexington, KY.

510 Henry Clay Boulevard is one of the few industrial sites inside of New Circle Road that features over 105,000 square feet on nearly 6 acres. Built in 1941, the property was constructed in a location that has benefited immensely from high-density residential growth surrounding it. Unlike most industrial facilities, the property has population density of 105,000 people within a 3 mile radius and over 225,000 people within a 5 miles radius. This positions the asset well not only for traditional industrial uses, but for redevelopment opportunities as well.

The improvement maintains attractive industrial features for distribution and manufacturing with 4 megawatts of existing power (480/3 phase), dock height doors, grade level drive in access, concrete reinforced slab, wet sprinkler system, and an abundance of outdoor parking/storage.

The property has an approved adaptive re-use overlay and lends itself to a variety of creative redevelopment opportunities including but not limited to destination retail, industrial flex space, and self storage.

Whether you are a tenant looking for industrial space or a visionary looking for a strategically located asset to transform, this property is worth your consideration.

For further information on the property or the schedule a private tour, please reach out to john.bunch@svn.com or call
859-433-8911.

Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.

3 Spaces Available

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