8,250 SF Industrial Flex Facility FOR SALE
$820,000
255 Big Run Road, Lexington, KY 40503
8,250 sqft
Building Size
0.55 acres
Lot Area
Details:
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
Description:
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.
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.
Documents:
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SVN_Brochure_-_255_Big_Run_Road.pdf |
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