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- LoopNet Team
1247 Alton Rd
Lawrenceburg, KY 40342
Florida Tile NNN Nat'l Distribution & Mfg · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Single Tenant Industrial Offering
- 10+ Years Remaining on the original 25-year lease with a January 2030 expiration and Four 5-year renewal options
- Parent Company Corporate Guarantee – Panaria Group Industrie Ceramiche S.p.A. (BIT: PAN)
- Tenant's only National Distribution and Manufacturing Facility
- Low Rent: $2.72 per SF
- Contact Listing broker to discuss pricing excectations
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Distribution | Year Built | 1969 |
| Building Class | C | Tenancy | Single |
| Lot Size | 288.00 AC | No. Dock-High Doors/Loading | 17 |
| Rentable Building Area | 613,800 SF | No. Drive In / Grade-Level Doors | 27 |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 288.00 AC |
| Rentable Building Area | 613,800 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 17 |
| No. Drive In / Grade-Level Doors | 27 |
ABOUT 1247 ALTON RD , LAWRENCEBURG, KY 40342
We are pleased to present the absolute NNN single-tenant industrial facility leased to Florida Tile in Lawrenceburg, KY, with approximately 10 years remaining on the base lease term. Florida Tile’s lease covers 613,800 rentable square feet on 288 acres. The proterty consists of 2 aggregate structures; one for manufacturing and the other for warehousing and distribution. The facility serves as Florida Tile’s National Manufacturing and Distribution Center. JDS Real Estate Services, Inc: KY Broker of Record.
PROPERTY TAXES
| Parcel Number | 43-9 | Improvements Assessment | $22,956,000 |
| Land Assessment | $1,200,000 | Total Assessment | $24,156,000 |
PROPERTY TAXES
