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901 Four Mile Rd
Richmond, KY 40475

$4,300,000 USD

Warehouse For Sale  •  36,348 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 36,348 SF
  • Lot Size 5 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 6.14 %
  • Tenancy Single
  • Zoning B-3
40 Walk Score

Highlights

Absolute NNN lease to LEXAIR INC. - $264,000/yr through March 2030, plus three 5-year options
6.14% cap rate at $4,300,000 asking price ($118.30/SF)
Rare 5-acre site with sizable laydown yard and perimeter security fencing
Dock-high and drive-in loading fits logistics, distribution, assembly, and manufacturing
B-3 zoning and 5-acre footprint support future building expansion
I-75 access, 20 miles south of Lexington - Central Kentucky labor pool at Richmond's lower cost basis

Property Flyers

Cap Rate: 6.14 %

Amenities

  • Fenced Lot
  • Perimeter Security Fence

Public Transportation

AirportDriveWalkDistance
Blue Grass 49 min - 34.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
James Powell 859-224-8833 The Gibson Company
James Powell 859-224-8833 The Gibson Company