Industrial Building For
3 Hoop Dr Walton, KY 41094
3 Hoop Dr, Walton, KY, 41094
Contact for pricing
For Sale
Contact for pricing
Industrial building with global credit tenant, investment opportunity.
Property Size26,600 SF
Price / SF$209.74
Days on Market691
Property Features for 3 Hoop Dr
General Information
- Standard status
- Active
- Size
- 26,600 SF
- Property subtype
- Industrial
Listing agency
NAI Bergman
(513) 322-6307
Listed by
Laurence Bergman · License #KY 47790
Source
Crexi
Added: Aug 30, 2024 Updated: Jul 6 at 8:10AM Checked: Jul 20 at 3:47AM
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 NAI Bergman
Investment Insights
Based on property information with market context.
This industrial building, with a size of 26600 square feet, is available for sale. It presents an investment opportunity with a global credit tenant. A loan with a below-market interest rate is available for assumption.
Key Highlights
- Investment opportunity with a global credit tenant
- Loan with below market interest rate available for assumption
- Industrial building for sale
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $252.2k | $9.48 |
| − Vacancy | −$16.1k | −$0.61 |
| EGI | $236.0k | $8.87 |
| − OpEx | −$70.8k | −$2.66 |
| NOI | $165.2k | $6.21 |
26,600 SF · lease $9.48/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.36M
$2.07M – $2.75M
NOI $165,220 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.33M
$6.42M – $8.55M
NOI $513,274 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - Industrial building with global credit tenant, investment opportunity.
Where is this industrial property located?
The property is located at 3 Hoop Dr Walton, KY.
What is the asking price?
The asking price for this property is $5,579,000.
What are key features of this property?
This property features: Investment opportunity with a global credit tenant; Loan with below market interest rate available for assumption; Industrial building for sale
