For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

3 Hoop Dr Walton, KY 41094

Sponsored
For Sale
Contact for pricing

High-demand industrial building with strong tenant.

Property size:
26,600 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 26,600-square-foot industrial warehouse situated on an expansive 11.5-acre lot in Walton, Kentucky. The property boasts a newly constructed (2022) facility featuring 14,800 square feet of office space and 11,800 square feet of warehouse space. A significant advantage is the presence of a global credit tenant under a seven-year lease commencing in April 2022, providing immediate and consistent cash flow. The lease includes two five-year renewal options, ensuring long-term stability. Annual rent increases of 2.75% are built into the lease agreement, offering protection against inflation. The property also features a paved, secure lot with ample outdoor storage. Further enhancing this investment's appeal is the availability of an assumable loan with a below-market interest rate of 3.70%, significantly reducing acquisition costs. This turnkey investment is ready for immediate ownership and offers a compelling combination of strong tenancy, attractive financing, and significant upside potential. Offers are currently being accepted. Located in Boone County, KY, zip code 41094, this property is strategically positioned for continued growth and success.

Property Features for 3 Hoop Dr

General Information

Property type
Distribution properties
Square Feet
26,600 SF
Lot Size
500,940 SF

HighLights

  • 2022 New Construction.
  • 26,600 SF building on an 11.5‑acre lot.
  • Secure paved lot with outdoor storage.
  • 14,800 SF of office space and 11,800 SF of warehouse space.
  • Investment‑grade tenant with long‑term lease.
  • Seven‑year lease commencing April 2022 with 2.75% annual rent increases.
Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Suggested Use

Restaurant Realty agency Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Auto Parts Store Kitchen & Bath Discount Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Walton
County
Boone
State
Kentucky
Longitude
-84.6032125
Latitude
38.8929672

FAQs

What type of property is this?
Distribution property - High-demand industrial building with strong tenant.
Where is this distribution property located?
The property is located at 3 Hoop Dr Walton, KY.
What are key features of this property?
This property features: 2022 New Construction.; 26,600 SF building on an 11.5-acre lot.; Secure paved lot with outdoor storage.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message