This property is Off-Market

172 Trade Sreet
Lexington, KY 40511 ·

385,015 SF · Industrial For Sale

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Price N/A Cap Rate 7.91%
Building Size 385,015 SF Tenancy Single
Property Type Industrial Year Built 1988
Property Sub-type Distribution Warehouse Lot Size 18.87 AC
Property Use Type Investment
Listing ID: 14105691 Date Created: 01/24/2005 Last Updated: 11/07/2005

Description

INVESTMENT HIGHLIGHTS
? Two overnight air cargo and containerized package hubs in Lexington
? Easy access to 2 local airports
? Highly productive and well-educated workforce
? Diverse and growing economy
? Well located property with below market rents

INVESTMENT OVERVIEW

Kentucky offers a wide range of opportunities for a profitable investment in all business sectors. Kentucky?s manufacturing base has shown particularly dramatic growth during the decade of the 90s, ranking as the twelfth fastest growing manufacturing economy in the U.S. To date, 22 of the Fortune 25 largest U.S. corporations have manufacturing or service facilities in Kentucky -- many have multiple plants in the state. Included are industrial giants such as General Motors, Ford Motor Company, IBM, General Electric Company, and Boeing. In addition, 22 of the top 50 global corporations also have operations in Kentucky, and foreign enterprises have developed over 330 facilities in Kentucky, providing nearly 70,000 jobs.

Highlights

  • Ranked 9th on Forbes List of Top 10 Cities for Business in 2004
  • · Highly diverse population
  • Easy access to multiple forms of transportation
  • Stable and growing economy

Research

172 Trade Sreet, Lexington, KY 40511 (Fayette County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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