40 Kingbrook Pkwy Simpsonville, KY 40067-5674
The Lanham Building presents a unique opportunity to acquire a Class A, single-tenant industrial property in the thriving Simpsonville, KY submarket. This 31,714 square foot building, constructed in 2018, sits on a 5.23-acre lot within the Kingbrook Commerce Park, offering convenient access to I-64, strategically positioned between Louisville and Lexington, KY. The property boasts a versatile design encompassing warehouse, flex, and R&D space, ideal for a variety of uses. The warehouse area totals 9,000 square feet, currently leased at $9 per square foot. An additional 2,814 square feet of office space is available at $15 per square foot. The building features three drive-in doors for efficient loading and unloading. Power is provided by a robust 3-phase, 4-wire, 208/120V, 800A service, supplemented by additional 200A panels. The property is zoned I-1 and its Shelby County location offers access to a skilled workforce and strong regional infrastructure. This single-story building represents a compelling investment opportunity in a rapidly growing area. The property's location within Kingbrook Commerce Park provides excellent visibility and accessibility, making it an attractive option for businesses seeking a modern and functional industrial space. The combination of ample warehouse space, dedicated office area, and robust power supply makes this property exceptionally well-suited for a variety of industrial and logistical operations. The property's APN is 015-00-052G.
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Shady Rays Warehouse & Storage
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Lanham Insulation Inc General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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