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28655326
28655327

3700 Fern Valley Rd, Louisville, KY 40219

AV
CA 01980677
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$2,500,000
197 days on market
Updated 8 days ago

3700 Fern Valley Rd, Louisville, KY 40219

Details
APN 063303200000 / Block 633
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 15,400
Net Rentable (SqFt) 15,400
Cap Rate 6%
NOI $150,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 11/30/2035
Remaining Term 9.5
Price per SqFt $162
Year Built 2003
Zoning CM (Commercial/Manufacturing)
Investment Type Net Lease
Loading Docks 2
Dock High Doors 2

Industrial | 6.00% CAP | 15,400 SqFt

Marketing description

3700 Fern Valley Rd presents a rare opportunity to acquire an industrial asset in Louisville, KY via a sale-leaseback structure. The current owner will sign a brand-new 10-year NNN lease upon close of escrow, delivering long-term income stability from day one. The property is a 15,400 SF distribution facility situated on a 2.05-acre parcel, built in 2003 and zoned CM. The tenant, Excel Distribution, is a third-party logistics provider specializing in warehousing and distribution solutions across the region.

Excel Distribution is a third-party logistics company headquartered in Louisville, KY. The firm specializes in warehousing, inventory management, and order fulfillment services for a diverse range of clients. With multiple years in business and a strong local footprint, Excel Distribution supports a wide range of consumer and commercial clients and has proven operational capacity within the logistics sector. Their strategic location near Louisville International Airport and major distribution hubs supports long-term business sustainability.

Investment highlights

  • Sale-leaseback structure with 10-year NNN lease signed at closing

  • Stable tenant: Excel Distribution – logistics & warehousing services

  • 15,400 SF building on 2.05 acres

  • Zoned CM with excellent access and industrial layout

  • Long-term income stream with zero landlord responsibilities

Listing Contacts

AV
CA 01980677
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$150,000.00
$12,500.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Grant Fitzgerald
License
KY 286261
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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