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$ 2,450,000
30,488 SqFt
$ 2,450,000
30,488 SqFt
Key Details
Property Type Vacant Land
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 30,488 sqft
Price per Sqft $80
Subdivision Commercial
MLS Listing ID 26019604
Year Built 1970
Lot Size 1.410 Acres
Acres 1.41
Property Sub-Type Industrial
Property Description
1040-1050 Eastland Drive offers 17,247 SF for lease or is available as an ideal owner occupant/investment sale where a purchaser can occupy its business in the vacancy, while enjoying in place income. The property features 30,488 total SF demised into three high demand sizes for the market creating a diversified asset, has an excellent overall office to warehouse ratio of 13.65% office, concrete block construction ranging between 1970-1974, 1.41 acres zoned I-1, 6 docks, 4 drive-ins, 16' clear height, LED lighting, newer EPDM roofs (2016/2019) with assignable warranties, wet sprinkler system, and much more. 1040-1050 Eastland Drive runs between Loudon Avenue and New Circle Road in the Winchester Road/eastern corridor of Lexington, KY. The property is 0.8 miles from New Circle Road, 2.7 miles from I-75/I-64 and 8.5 miles from Bluegrass International Airport. With an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Central Kentucky provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living and its location at the I-75/I-64 intersection providing a 24 hour or less drive to approximately 70% of the United States population. Property Highlights: -High demand size for Lease (17,247 SF) -Great owner-occupant purchase with in place income -Excellent office:warehouse ratio with newly-renovated office space -6 docks/4 drive ins, 16' clear height -Small outside storage for each unit -Newer roofs
Location
State KY
County Fayette
Zoning Other
Exterior
Parking Features On Site, Paved
View Y/N N
Handicap Access No
Private Pool No
Listed by Block + Lot Homes