1729 Jaggie Fox Way
Lexington, KY 40511
Industrial Property For Sale

Marcus & Millichap is pleased to present the Creation Technologies International Building at 1729 Jaggie Fox Way in Lexington, Kentucky. The offering is a 75,000-square foot (8,500 square feet of office) single tenant, corporate guaranteed, absolute (triple-net) leased asset, situated on approximately 8.16 acres. There are over four-years remaining on the lease with above market rents and ten percent rental increase in 2019. Currently, 31,922-square feet is subleased to Hands On Originals and 41,078-square feet is vacant. 1729 Jaggie Fox Way is well equipped for high-tech electronic manufacturing, with a versatile layout, sufficient clearance, block/metal/exterior insulation and finish system construction. The building is temperature and humidity controlled, has four docks with levelers, one drive in door, all with partitioned loading area, ample parking, wet sprinklered, twelve inch epoxy finished floors, deionized water filtration system, floor drainage, collection and treatment system, security system with exterior cameras and badge accessibility. The entire production floor of this asset has a connectivity grid for added process versatility, intra/internet connectivity, electric and water utilities, compressed air and vacuum lines. Sixty-six percent of the U.S. population can be reached within one days drive time from this location. Lexington is strategically located at the intersection of Interstates-64 and 75 in Fayette County, Kentucky. Lexington is accessible by air with over 100 direct and nonstop flights. Nestled among world famous Thoroughbred Horse Farms and the heart of Bourbon Country, Blue Grass Airport (LEX) welcomes travelers with one of the most beautiful air approaches in the nation. Lexington and Central Kentucky are anchored by the University of Kentucky Wildcats with more than 30,000 students and the historical Rupp Arena with more than 23,500 seating capacity. Lexington is home to a variety of interesting attractions, including Horse Racing and Bourbon Distillery tours. www.visitlex.com. Keeneland Racecourse and horse racing revenue brings over $590,000,000 of total economic impact into the area. Keeneland has been ranked the #1 track in North America and consistently in the top 10 tracks in the world. www.bloodhorse.com The subject property is located in a premier industrial park in the desirable and convenient Northern Corridor of Lexington with excellent access to Interstate-64 and Interstate-75. This building is surrounded by other major tenants such as Crown Lift Trucks, Averitt Trucking, Big Ass Fans and Trane. The property is within two-miles of UPS, FedEx, and the Amazon Fulfillment Center. Jaggie Fox Way is between three of the most major roadways in Lexington and Central Kentucky, Citation Boulevard, Georgetown Road and New Circle Road with over 80,000 vehicles per day combined. This location is adaptable with surrounding industry, retail, residential housing, apartments, schools and additional development. An incoming investor has the ability to acquire an exceptionally well positioned asset with zero landlord obligations backed by a global tenant in an exceptional location with state of the art capabilities and multiple exit strategies.