Description

$4.65-$4.95/SF + NNN

51,214-104,010 SF

Introducing the new Forbes Business Center located at 255 S. Forbes Road.  Originally developed in 1964 and occupied as part of the G.F. Vaughan portfolio there are two primary block/masonry industrial buildings connected via enclosed pedway that provide a space range available of 51,214 to 104,010 contiguous SF available.  The buildings currently have a combined 4,457 SF office, 6 dock doors, 2 drive-in doors, 1200 AMP 480 V 3 phase power in Building 1, 400 AMP service in Building 2, and 20’ clear height.  Extensive renovations to the building include interior and exterior paint, new asphalt and parking, upgraded dock doors and drive-in doors, new landscaping, LED lights, and much more.       

*Agent is a principal Owner in the property.

Property Highlights:

  • Renovated 2019
  • Below market rents
  • Outside storage
  • Expandable site
  • Below market operating expenses
  • Zoned I-2

Contact:

Peter Barr, CCIM, SIOR
O: 859.309.0099 x221
C: 859.351.7924
Peter@BALrealestate.com

Forbes Business Center Flyer

Images

Location

255 S. Forbes Road is adjacent to McConnell Springs Park and the Central Rock Quarry with 980′ of frontage along S. Forbes Road running between Versailles Road and Old Frankfort Pike (inside New Circle Road).  The property sits just “around the corner” from the popular and ever expanding Distillery District providing close proximity to restaurants/entertainment,  1 mile west of the Central Business District and Downtown, 1.8 miles north from the University of Kentucky (29,000 students), 5 miles east the Bluegrass International Airport,  5.4 miles from Interstates 75/64 via the new Newtown Pike Extension.

With an MSA over 645,000, Lexington is the second largest market in the Commonwealth of Kentucky. Lexington provides a strategic location for businesses through access to a highly educated labor force, low startup and operational costs, below average cost of living and its location at the I-75/I-64 intersection providing a 24 hour or less drive to approximately 70% of the United States population.


Questions?

Get in touch with us:

info@balrealestate.com
859.309.0099