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Property profile

1101 Providence Pl Pkwy Lexington, KY 40511

OFF-MARKET
Industrial properties
375,000 SF
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Property summary

AI-generated overview

This exceptional 375,000-square-foot flex space facility in Lexington, Kentucky, presents a unique investment opportunity. Situated on a 43-acre lot at 1101 Providence Place Parkway, this Class A property offers immediate occupancy with the entire building currently vacant. The building is zoned ED – Economic Development, Flex Space, Logistics, Distribution and Fulfillment, making it ideal for a variety of uses. The space is divisible into minimum units of 75,000 square feet, with a maximum contiguous space also of 75,000 square feet. Features include a 24-foot clear ceiling height, concrete walls with concealed rigid insulation, and an ESFR sprinkler system. Loading is facilitated by 24 dock doors and 2 drive-in doors. The property boasts robust power capabilities with 200 Amp/208Y/120V/3-phase power. Its strategic location offers easy access to Interstates 75 and 64, placing it within overnight reach of half the US population. Furthermore, it enjoys close proximity to downtown Lexington, Blue Grass Airport (LEX), Georgetown-Scott County Regional Airport, and two major international cargo hubs at the Cincinnati/Northern Kentucky International Airport and Louisville International Airport. This property represents a rare opportunity to secure a large, high-quality flex space in a prime location with excellent transportation links.

Property profile

Verified
Property type Industrial properties
Total area 375,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1101 Providence Pl Pkwy Lexington, KY 40511
Lexington metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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