Tag Industrial added new product for sell.
4 months ago

MOUNT VERNON, KY Kentucky Microfoodery

100 Heritage Way, Mount Vernon, KY 40456· In stock
Price $129.79 (USD)
Type New

MOUNT VERNON, KY Kentucky Microfoodery

Address: 100 Heritage Way, Mount Vernon, KY 40456

Property Type: Multi Tenant

Price: $4,285,000

Cap Rate: 7.00% cap

NOI: $300,000

Square Feet: 33,016 sqft

Lot Size: 4.58 acres

Price Per Square Foot: $129.79

Year Built: 2018

Investment Highlights

• Building is a Highly Specialized Food Production and Hemp Processing Facility (Kentucky Microfoodery, LLC and Kentucky Farmaceuticals, LLC)
• Ownership will Master Lease the Space for 10 Years on an Absolute NNN Lease
• There are Significant Tenant Improvements to the Space Including a $149,000 Specialized Floor
• Building has the Capacity to be Retrofitted with Solar Panels to Reduce Utility Cost
• New Build Located Less than One Mile from I-75 in Mount Vernon, KY
• Mount Vernon is Strategically Located between Lexington, KY and Knoxville, TN