Lexington, KY Industrial Property For Sale

We are pleased to bring to market an exciting industrial redevelopment opportunity just outside of downtown Lexington, KY.

The light industrial zoned property consists of four separately deeded parcels and contains approximately 6.1 acres of contiguous industrial land. The site contains several existing improvements including two steel erected buildings, one reinforced concrete structure containing a fully functional breakroom, and a steel erected three-sided outdoor storage building. In addition to the buildings on site, the property has the rare luxury of a 1.94-acre outdoor storage yard. The remaining improvements on site are temporary and can be removed.

Additional features include access to rail (served by RJ Corman), a truck weighing station, securitization by chain-link fence with operational automatics gates, and ingress/egress to the site by three separate points. (Shelby Street, Rockcastle Street, and 7 th Street).

Highlights:

6.1 acres

Light industrial zoning

(2) steel erected buildings

(1) reinforced concrete structure

Rare IOS laydown yard

Inside New Circle road

1040-1044, 1048, 1050 Eastland Drive, Lexington, KY 40505

Tight market and limited availability of I-1- Light Industrial Space.

Approximately 31,000 SF on 1.3 acres.

2,700 SF of office space in Suite 1040 and 1,500 SF of office space in Suite 1050.

Fully sprinklered with wet sprinkler system.

1200 Amp service.

New roof installed in 2021 with a 15 year warranty Carlisle Roof System.

Available for occupancy at the end of May.

Ideal for owner/occupant tired of paying rent.

Great access to New Circle Road, interstates and downtown. Convenient location for contractors.

Easily divisible for two tenants.

We are pleased to bring to market 5.13 Acres of I-1 (light industrial) zoned land for lease or sale in Lexington, KY. The site currently contains an 11,172 square-foot improvement that boasts 19’1" clear heights throughout and contains one dock-height door.

The acreage offers a variety of different options to accommodate a sprawling range of tenants and buyers. The ownership is willing to sell the land outright or complete a build-to-suit(s). As seen below on pages 4-5 of the offering memorandum, there is flexibility in what can be completed on the site.

The 5.13-acre tract can be further demised into smaller acreage to accommodate multiple stand-alone buildings or as it sits, can accommodate a roughly 80,000 square foot structure.

The site is flat with utilities already in place requiring minor dirt work needed to make the site shovel ready. An ALTA survey and TOPO can be provided upon request.

With Lexington’s limited supply of industrial zoned land partnered with an abundance of highly skilled labor force, this site is a rare long-term opportunity. The strategic location of the site provides access to the I-64/I-75 interchange less than two miles away. Site tours as well as build-to-suit layout/design services are available upon request.

1585 Mercer Rd is a three tenant flex building constructed in 2020 and expanded in 2021 totaling 13,135 SF on 0.99 acres (I-1 zoning). This unique investment opportunity can either be 100% occupied with the owner leasing back Suite 130 or a new owner could occupy 3,500 SF. High end office finishes including polished concrete floors, 19' to 21' ceilings in the warehouse areas, 12' and 14' drive-in doors, 38 parking spaces, and conveniently located with quick access to New Circle Rd from both Georgetown Rd and Leestown Rd.

Highlights:

+/- 52,000 SF

2.49 acres

Built in 1991

$4,650,000

Zoned I-2

1 drive-in door

5 dock high doors with levelers

4 dock level for box trucks with cover

Approx 50 parking spaces.

Ceiling height 24'

8" slab foundation

Wet sprinkler system

3,500 lb Elevator

LED lighting

Professional office space on two levels

Certified food grade facility

Super clean and well maintained facility

Occupancy available fall of 2024

Pallet racking, freezer and refrigerator units, and furniture to be sold separately

We are pleased to bring to market a rare infill redevelopment opportunity located at 333–341 Henry Street in downtown Lexington. This historic property has a rich history, as it was originally developed by the James Ben Ali Haggin Family in 1911 as a state-of-the-art grain and feed operation. At the time of development, the Haggin family was the owner of Mt. Brilliant Farm, owned hundreds of thoroughbred horses, and ran the largest dairy and livestock operation in the Southeastern United States. While the property is still fully functional as a grain operation, it is well poised for strategic repositioning. For starters, the property is just shy of 1 acre, is in an Opportunity Zone, and qualifies for both state and federal historic tax credits. Upon a quick glance of the surrounding properties, you will find several medium- to large-scale multi-family and mixed-use developments. The current improvements on site feature a +/- 2,000-sf steel building that has several private offices, restrooms, and drive-through garage space. There is also a multi-story grain elevator, 100,000-bushel grain silos, and processing equipment.

HIGHLIGHTS

Zoned I-1

Rare infill development opportunity poised for strategic repositioning (+/- 1.0 acres in an opportunity zone)

2,000 SF steel building, which has several private offices, restrooms, and drive-through garage space

100,000-bushel grain silos, and processing equipment

Convenient proximity to New Circle Road and I-75

1100 Providence Park Parkway presents a unique opportunity: a pair of

recently approved modern 502,480 SF Class A industrial buildings for

lease, custom build, or presale in Lexington, KY. Features include up to 40’

clear height, ample parking, and proximity to I-64 and I-75.

Located in the heart of Kentucky’s Bluegrass, Lexington’s economy is

booming with bourbon, industry, and the University of Kentucky with

31,500 students. Within an hour’s drive is the UPS Worldport in Louisville

as well as DHL and Amazon’s Prime Air Hub in Cincinatti. Toyota’s largest

manufacturing plant in the world is only 13 miles away.

High visibility location provides convenient access to I-75 / I-64 to Louisville, Cincinnati, and Frankfort. Perfect for development of office buildings, medical and dental offices, computer and data processing centers, research and development and testing laboratories, colleges, universities, schools and regional medical campuses. This property can be divided into multiple lots.

Price: $4,882,500

Lot Size: 21.68 AC

Lot Type: Commercial Vacant Land

PVA Neighborhood: 741- Russell Cave

Zoning: ED – Economic Development

Traffic Counts: I-75/64 – 98,576