Flex Space Industrial Building

Industrial for Sale
Catylist Listing ID: 30132667
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 7,500 SF
Gross Land Area: 39,136 SF
Sale Price: $249,000
Unit Price: $33.20 PSF
Ceiling: 14 ft.
Office SF: 800 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 7,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

Excellent opportunity to acquire a multifaceted industrial flex building. Available property offers a healthy mix of commercial retail showroom space in the front section and office / warehouse space in the rear. Ohio Drive Subdivision allows easy ingress and egress to Hwy US 60 by way of a stop light controlled intersection. Subdivision has healthy mix of industrial and commercial retailers. Nearby users are: Sunoco, Fastenal, Air Hydro Power & Audubon Metals. Property is also adjacent to Gibbs Die Casting Plant.
Henderson Municipal Power & Light's (HMP&L) is owned by the City of Henderson, Kentucky, and boasts some of the lowest electric rates in the country.

Additional Details

Nearest MSA: Evansville
County: Henderson
Taxing Authority: Henderson County PVA
Tax ID/APN: 00000000
Property Located Between: Tecknor Color & Fastenal
Highway Access: Highway US 60
Rail Access: Yes
Airports: Henderson City County Airport
Site Description: Highly visible flex space building. Perfect for smaller industrial operations or commercial oriented retail.
Area Description: Industrial Subdivision
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,500 SF
Property Condition: Fair
Roof Type: Arched
Construction/Siding: Aluminum Siding
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: M2 HEAVY INDUSTRIAL
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,492 27,087
Median Age: 37.2 39.01
Households: 5,493 11,361


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