NNN-Leased Industrial
For Sale
Contact for pricing
2671 Owingsville Road, Mt Sterling, KY 40353
Single-tenant warehouse offered with a 20-year triple-net lease and scheduled annual rent increases.
Property Size75,795 SF
Lot Size34.55 Acres
Price / SF$76.87
Days on Market52
Property Features for 2671 Owingsville Road
General Information
Standard status
Active
Size
75,795 SF
Lot size
34.55 Acres
Property subtype
Industrial
Additional Details
Business Included
Yes
Building Details
Year Built
1977
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Edward Otocka · License #NY 10401298466
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 6 at 1:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This property is a Basin Industries industrial facility totaling approximately 75,795 rentable square feet, situated on an estimated 34.55-acre parcel. The offering is structured as a triple-net (NNN) investment with a 20-year lease term in place for the existing tenant.
The facility is located at 2671 Owingsville Road in Mount Sterling, Kentucky. Per the offering details, the NNN lease will commence upon close of escrow, establishing the projected start of the investment period.
Basin Industries is subject to the 20-year NNN lease, with annual rent stated at $437,000 and scheduled increases of 2.00% annually. For buyers seeking a net-leased industrial asset, the single-tenant structure and clearly described lease terms provide a straightforward basis for underwriting, with landlord responsibilities governed by the triple-net agreement terms as presented in the listing materials.
The facility is located at 2671 Owingsville Road in Mount Sterling, Kentucky. Per the offering details, the NNN lease will commence upon close of escrow, establishing the projected start of the investment period.
Basin Industries is subject to the 20-year NNN lease, with annual rent stated at $437,000 and scheduled increases of 2.00% annually. For buyers seeking a net-leased industrial asset, the single-tenant structure and clearly described lease terms provide a straightforward basis for underwriting, with landlord responsibilities governed by the triple-net agreement terms as presented in the listing materials.
Key Highlights
- Single‑tenant warehouse built in 1977 at 2671 Owingsville Road, Mount Sterling, KY 40353
- Approximately 75,795 rentable SF on an estimated 34.55‑acre parcel
- 20‑year Triple Net (NNN) lease with commencement upon close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40353, KY
22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Parkview Self Storage - Industrial Park — 243 Midland Trail, Mt Sterling, KY 40353
- Gateway Cold Storage — 140 Ryder Lane, Mt Sterling, KY 40353
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant warehouse offered with a 20-year triple-net lease and scheduled annual rent increases.
Where is this warehouse located?
The property is located at 2671 Owingsville Road Mt Sterling, KY.
What is the asking price?
The asking price for this property is $5,826,667.
What are key features of this property?
This property features: Single‑tenant warehouse built in 1977 at 2671 Owingsville Road, Mount Sterling, KY 40353; Approximately 75,795 rentable SF on an estimated 34.55‑acre parcel; 20‑year Triple Net (NNN) lease with commencement upon close of escrow
