Log In/Sign Up
Your email has been sent.
3700 Fern Valley Rd 15,400 SF Industrial Building Hillview, KY 40129 $2,500,000 ($162.34/SF) 6% Cap Rate
Investment Highlights
- Sale-leaseback structure with 10-year NNN lease signed at closing
- Stable tenant: Excel Distribution – logistics & warehousing services
- 15,400 SF building on 2.05 acres
Executive Summary
3700 Fern Valley Rd presents a rare opportunity to acquire an industrial asset in Louisville, KY via a sale-leaseback structure. The current owner will sign a brand-new 10-year NNN lease upon close of escrow, delivering long-term income stability from day one. The property is a 15,400 SF distribution facility situated on a 2.05-acre parcel, built in 2003 and zoned CM. The tenant, Excel Distribution, is a third-party logistics provider specializing in warehousing and distribution solutions across the region.
Property Facts
| Price | $2,500,000 | Lot Size | 2.10 AC |
| Price Per SF | $162.34 | Rentable Building Area | 15,400 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 2003 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM-COMMERC | ||
| Price | $2,500,000 |
| Price Per SF | $162.34 |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 2.10 AC |
| Rentable Building Area | 15,400 SF |
| No. Stories | 1 |
| Year Built | 2003 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM-COMMERC |
1 1
Property Taxes
| Parcel Number | 063303200000 | Improvements Assessment | $131,710 |
| Land Assessment | $826,070 | Total Assessment | $957,780 |
Property Taxes
Parcel Number
063303200000
Land Assessment
$826,070
Improvements Assessment
$131,710
Total Assessment
$957,780
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3700 Fern Valley Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.