350 Tierney Way, Winchester, KY 40391

$906,000
Property Type: Commercial Sale Square Footage: 19,800 Lot Size (sq. ft.): 46,174 Status: Closed
Current Price: $906,000 List Date: 7/31/2012 Last Modified: 9/03/2025

Overview

Description

Great investment opportunity! Fully occupied warehouse with credit tenant who has operated here for 8 years. Generating NOI of $98,000 annually, 10% Cap Rate. Entire building is HVAC controlled.

Listing Details MLS# 1214384

Listing Information

Property Sub Type
Industrial

Status Change Information

Price Change Timestamp
2015-08-28T15:38:13Z
Status Change Timestamp
2015-08-28
Purchase Contract Date
2015-06-24
Close Date
2015-08-27
Close Price
906000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Clark
Street Number
350
Street Name
Tierney
Street Suffix
Way
State
KY
Zip Code
40391

Contract

Original List Price
980000
Start Showing Date
2012-07-30
Listing Contract Date
2012-07-30
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
SP/LP
0.92

Tax Legal

MLS Area Major
007 - Clark County
Subdivision Name
Commercial

Interior

Living Area
19800

More Information

Parking Information

Parking Total
20

Building

Year Built
2000
Stories Total
Yes

Lot

Lot Size Acres
1.06
Lot Size Square Feet
46173.64

Utilities

Cooling YN
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Available
Yes

Remarks

Public Remarks
Great investment opportunity! Fully occupied warehouse with credit tenant who has operated here for 8 years. Generating NOI of $98,000 annually, 10% Cap Rate. Entire building is HVAC controlled.

Income and Expenses

Gross Scheduled Income
103560
Real Estate Taxes
5000

Tax & Legal

Tax Rate
0.854
Zoning Description
Commercial
Directions
I-64 from Lexington to Winchester. Take first Winchester exit, turn left, go over the interstate. Turn left on Rockwell Road, right on Tierney Way approximately 1/2 mile.

Association/Community

Number Of Buildings
1

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Business Type

Industrial
Yes

Docks

1-3 Docks
Yes

Tenant Pays

Exterior Maintenance
Yes
Insurance
Yes
Interior Maintenance
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Connected; Water Available Business Type: Industrial Docks: 1-3 Docks Parking Features: On Site; Paved Possession: Close Of Escrow Tenant Pays: Exterior Maintenance; Insurance; Interior Maintenance
Listing Office: The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.