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#1 20th Street
#1 20th Street, Paris, KY 40361
Last Verified 6/27/2011
Listing ID 15749596
Highlights
priced below replacement cost- properties must be purchased as a portfolio
- proactive owner can get high returns
- value add oppurtunity
- manufacturing power
- excellent parking
Description
#1 20th Street consists of a portfolio of two buildings in Paris, KY. Building #1 is a 74,500 SF warehouse facility formerly occupied by SEKRI, Inc. Building #2 is a 26,976 SF building which SEKRI, Inc. is willing to lease back at $1.34/SF + NNN for a two year base term with three one year options to renew having annual rent escalations.
Paris, KY is 15 miles northeast of Lexington. The property sits just off of Main Street in close proximity to downtown Paris and the Paris Bypass.
Map of #1 20th Street, Paris, KY 40361 (Bourbon County)
Created 6/9/2008
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO