Renovated Industrial Property with
For Lease
Contact for pricing
509 N 3rd St, Richmond, KY 40475
43,000 SF Richmond industrial property with excess yard space.
Space Size43,000 SF
Lot Size3.04 Acres
Days on Market787
Property Features for 509 N 3rd St
General Information
Standard status
Active
Size
43,000 SF
Lot size
3.04 Acres
Property subtype
Industrial
Lease Type
NNN
Building Details
Building Size
43,000 SF
Tenancy
Single
Spaces For Lease
at 509 N 3rd St Contact us- Size
- 43,000 SF
- Type
- Industrial
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
SVN | Stone Commercial Real Estate
(859) 312-8069
Listed By:
Neal Metcalfe · License #KY 217705
Source:
Crexi
Added: Jun 27, 2024
Changed: Aug 15
Last Checked: Aug 22 at 6:37AM
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 SVN | Stone Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a 43,000 SF industrial property in Richmond. The property has excess yard space. The property underwent a complete renovation, completed in September 2024. Upgrades include a new metal roof, gutters, walls, a large drive-in door, and a dock. The property includes an adjacent excess acre yard and a small covered parking lot. The combined properties at 509, 601 N 3rd St, and 235 Broadway Avenue total 3.044 acres, including the building.
Key Highlights
- 43,000 SF industrial property
- Recently renovated in September 2024
- Includes excess yard space
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
Demographics for 40475, KY
62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Market
Lease Benchmarks for Richmond, KY
$8 /SF/Yr
Avg Asking Price
$7–$10 /SF/Yr
Price Range
39,158 SF
Avg Space Size
This space is priced 13% below the average of $8 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 43,000 SF Richmond industrial property with excess yard space.
Where is this industrial property located?
The property is located at 509 N 3rd St Richmond, KY.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 43,000 SF industrial property; Recently renovated in September 2024; Includes excess yard space
