Manufacturing / Warehouse Building For Sale Or Lease
Location: United States -> Kentucky -> Corbin
Industry: Real Estate > Other Real Estate
Businesses for sale Summary
Size: The building is 1,003,200 sq ft. The building is segmented in 30′ x 40′ and 40′ x 40′ sections with high door access to each section. There is 21,280 sq ft of Office Space.
Construction: Building was constructed in 1969. Building is a Concrete Block Building with Steel Columns and a Reinforced Concrete Floors. American Greetings Corp built the building. Current condition of the building is excellent. Roof is in excellent condition with a crew that maintains this condition through out the year. Ceiling heights are up to 22′ clear.
Acreage: Building is situated on 108 acres. There is an area adjacent to the current building prepped for expansion or development.
Location: The building is located in Corbin, KY. It is located approximately 3 miles from Interstate 75 between Knoxville, TN (90 miles) and Lexington, KY (75miles). Great central location for East Coast and/or Midwest operation.
Shipping and receiving: The building and property is improved by a functional and operational Rail Spur serviced by CSX. Rail goes into the building for available dry loading or delivery. In addition to CSX service, CSX also has a Rail Yard located in Corbin, KY. Building also has 8 docks for shipping and receiving by truck. Building is constructed to easily place additional loading docks if needed.
Usage: Building is functional for manufacturing or dry warehousing. Current tenant is manufacturing cabinets (500,000 sq ft). Building can be used for Single Tenant or Multi-Tenant. Rail Spur can easily be deemed as common area for Multi-Tenant use.
Sale Price: Sale Price is $35,000,000 for the Building and acreage. Current owners will sale and relocate.
Lease Space: Lease Space available is up to 450,000 sq ft. Lease rates are negotiable along with lease improvements.
Email or call 606-813-2137 for more information on this Manufacturing / Warehouse building for sale or lease.
Financials
Asking Price Range: $20.0M – $35.0M
Gross Revenues: Seller Will Provide
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2004
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Lease
