Building

Year Built

2004

Lot

Lot Size Acres

2.88

Lot Size Square Feet

125453

Remarks

Public Remarks

24,500 SF industrial property on 2.88 acres located 1 mile from I-64 in Frankfort, KY. These two connected buildings are both clear span, temperature controlled, and could be divisible for multiple tenants. The front warehouse was built in 2004 and is approximately 12,200 SF with 1,500 SF office, 10,700 SF warehouse, 17'8' clear height, LED lighting, 3 docks, 2 restrooms, mezzanine storage, and 800 amp 3-phase electric. The rear building was constructed in 2010 and is approximately 12,000 SF of warehouse, 17'1' clear height, 1 dock, 2 restrooms, and 800 amp 3-phase. The corridor connecting the two buildings has a roll-up door allowing the space to separated if needed. Potential sale-leaseback until Q2/Q3 2023 when owner's new building is complete. Additional 9.3 acres of industrial land available across the street at 104 Fortune Drive. Priced at $50,000/acre in a market with very limited supply of industrial land, this site can be purchased with the warehouse or separately.

Tax & Legal

Tax Rate

11.985

Zoning Description

IG

Directions

US 60 and I-64 to Duncan Rd to Corporate Dr

Association/Community

Number Of Buildings

2

Possession

Negotiable

Yes

Seller Rent Back

Yes

Business Type

Industrial

Yes

Warehouse

Yes

Property Features