1 Security Dr | Nicholasville, KY 40356
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- LoopNet Team
1 Security Dr
Nicholasville, KY 40356
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Headquarters & sole manufacturing facility for a long-term committed tenant.
- Strong, creditworthy tenant with over 160 years of operating history and excellent site-level EBITDAR coverage at its sole critical facility.
- Passive NN lease structure with minimal landlord responsibilities and attractive annual 2.50% rental increases.
- Recently executed lease extension with the addition of a global corporate parent guaranty represents the global parent's strong long-term support.
- Significantly below-market rent and oversized land parcel (6% site coverage) represents future value-add opportunity in a strong industrial market.
- Strategically located in Nicholasville just off US Highway 27 in central Kentucky.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1981 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.58/1,000 SF |
| Lot Size | 40.90 AC | Clear Ceiling Height | 20’ |
| Rentable Building Area | 112,400 SF | No. Dock-High Doors/Loading | 1 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 - Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 40.90 AC |
| Rentable Building Area | 112,400 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Ratio | 1.58/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 - Industrial |
AMENITIES
- Signage
UTILITIES
- Lighting
- Water
- Sewer
PROPERTY TAXES
| Parcel Number | 059-00-00-022.00 | Improvements Assessment | $3,000,000 |
| Land Assessment | $1,882,000 | Total Assessment | $4,882,000 |
PROPERTY TAXES
Parcel Number
059-00-00-022.00
Land Assessment
$1,882,000
Improvements Assessment
$3,000,000
Total Assessment
$4,882,000
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