INDUSTRIAL SPACE FOR SALE OR LEASE

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F O R S A L E / L E A S E

I N D U S T R I A L

S PA C E F O R

S A L E O R

L E A S E

4 0 4 S P O R T I N G C O U R T

Lexington, KY 40503

P R E S E N T E D B Y:

J O H N B U N C H C: 859.433.8911 john.bunch@svn.com

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I N D U S T R I A L S P A C E F O R S A L E O R L E A S E 404 Sporting Court Lexington, KY 40503 S V N | S T O N E C O M M E R C I A L R E A L E S T A T E 2

P R O P E R T Y O V E R V I E W

SVN Stone Commercial Real Estate is pleased to be retained as the exclusive agent in bringing to market this limited Industrial opportunity located on the south side of Lexington, KY. 404 Sporting Court was originally constructed in 1999 as the home of Kentucky Indoor Soccer Center and has remained an athletic use since its inception.

Due to the building requirements in its initial use, the +/- 45,415 sf improvement boast many attractive features to all future prospective users of the property including impressive column spacing of 28 x 105, peak height of 30' with eaves sloping to 27' clear, 90 tons of pad mounted HVAC units w/ Galvanized spiral duct, standing seam metal roof with exhaust, 1325 amps 480/3 phase and 208/single phase. The improvement has one grade level drive in door with potential of added docks to the front of the building. Truck court depth is approximately 120' and is currently being used as a parking lot with 95 striped spaces.

The office portion of the property is approx 2,711 sf. Amenities include an open concept entry lobby, 6 private offices, large conference room, ADA compliant men and women's restrooms, and is fully climate controlled.

This is a great opportunity for a business to set up long term operations with an unmatched location in Lexington. For further inquiries or to set up a private tour please reach out to John Bunch at 859-433-8911 or john.bunch@svn.com.

P R O P E R T Y H I G H L I G H T S

• Rare Industrial Opportunity • 45,415 SF • $5.85 psf/yr + NNN • Zoned I-1 • 1325 Amps 480/3 phase • 27' clear • 28' x 105 column spacing • 2,711 sf of office space • Also Available For Sale • Rare Industrial Opportunity • 45,415 SF • $3,950,000 • Zoned I-1 • 1325 Amps 480/3 phase • 27' clear • 28' x 105 column spacing • 2,711 sf of office space • Also Available For Lease

S A L E P R I C E

$ 3 , 9 5 0 , 0 0 0

L E A S E R AT E

$ 5 . 8 5 S F/ Y R

O F F E R I N G S U M M A R Y

B U I L D I N G S I Z E : 4 5 , 4 1 5 S F A C R E A G E : 2 . 9 8 A c r e s P R I C E / S F : $ 8 6 . 9 8 Y E A R B U I LT : 1 9 9 9 Z O N I N G : I - 1

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G E N E R A L B U I L D I N G I N F O R M AT I O N

S T R E E T A D D R E S S 4 0 4 S p o r t i n g C o u r t C I T Y , S T A T E , Z I P L e x i n g t o n , K Y 4 0 5 0 3 C O U N T Y / T O W N S H I P F a y e t t e I N D U S T R I A L P A R K W e l l i n g t o n Y E A R B U I LT 1 9 9 9 F R A M I N G S t e e l / M e t a l P a n e l i n g S Q U A R E F O O T A G E 4 5 , 4 1 5 Z O N I N G I - 1 L O T S I Z E 2 . 9 8 A c r e s

O F F I C E I N F O R M AT I O N

S Q U A R E F O O T A G E 2 , 7 1 1 N U M B E R O F P R I V A T E O F F I C E S 6 N U M B E R O F C O N F E R E N C E R O O M S 1 R E S T R O O M S M e n ' s / W o m e n ' s

W A R E H O U S E D I S T R I B U T I O N I N F O R M AT I O N

# O F D O C K S W I T H L E V E L E R S S e e P a g e 5 # O F D R I V E I N D O O R S 1 C L E A R H E I G H T 3 0 ' s l o p i n g t o 2 7 ' P O W E R 4 8 0 / 3 p h a s e 1 , 3 2 5 a m p s F I R E S U P P R E S S I O N W E T L I G H T I N G H i g h B a y L E D A D D I T I O N A L F E A T U R E S F u l l y C l i m a t e C o n t r o l l e d

PA R K I N G & T R A N S P O R TAT I O N

P A R K I N G T Y P E S u r f a c e / A s p h a l t P A V E D & S T R I P E S Y E S P A R K I N G R A T I O 2 . 0 / 1 , 0 0 0 N U M B E R O F S P A C E S 9 5

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L O C AT I O N D E S C R I P T I O N

404 Sporting Court is positioned as one of the few large Light Industrial Zoned parcels in all of South Lexington. South Lexington is home to the highest end retailers and service providers the market has to offer. Within a 5 mile radius you will find recognizable names including but no limited to: Target, Meijer Grovery Stores, Fayette Mall, and the newly developed Summit at Fritz Farm. The industrial vacancy on the south end of town has historically hovered below 5% and is projected to move lower over the next decade as demand outpaces supply in both land and existing product. Within a 5 mile radius, there is is approximately densely populated residential market boasting 94,000 total households. Lastly, The site provides ease of access to all major thoroughfares in Fayette County with New Circle road being less than 1 mile from the property and Interstate access being reached within 15 minutes time.

S U R R O U N D I N G M A J O R R E TA I L E R S

• Meijer • Fayette Mall • Target • Lexington Green • Walmart

• The Summit at Fritz Farm

N E I G H B O R I N G R O A D S

V P D

C L A Y S M I L L R D 1 5 , 0 0 0 +

N E W C I R C L E R D 5 9 , 0 0 0 +

N I C H O L A S V I L L E R D 4 8 , 0 0 0 +

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P O P U L AT I O N

1 M I L E

3 M I L E S

5 M I L E S

T O T A L P O P U L A T I O N 8 , 7 9 5 9 7 , 7 2 7 2 1 9 , 9 3 0 A V E R A G E A G E 3 9 . 0 3 6 . 7 3 5 . 0 A V E R A G E A G E ( M A L E ) 3 6 . 1 3 5 . 0 3 3 . 7 A V E R A G E A G E ( F E M A L E ) 4 1 . 3 3 8 . 2 3 6 . 3

H O U S E H O L D S & I N C O M E

1 M I L E

3 M I L E S

5 M I L E S

T O T A L H O U S E H O L D S 3 , 6 5 0 4 2 , 3 4 2 9 3 , 7 7 0 # O F P E R S O N S P E R H H 2 . 4 2 . 3 2 . 3 A V E R A G E H H I N C O M E $ 6 4 , 1 1 3 $ 6 6 , 1 5 6 $ 6 5 , 5 8 1 A V E R A G E H O U S E V A L U E $ 1 5 7 , 0 3 1 $ 2 1 9 , 8 9 0 $ 2 5 3 , 4 0 2

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J O H N B U N C H

Advisor

john.bunch@svn.com

Direct: 859.264.0888 x236 | Cell: 859.433.8911

P R O F E S S I O N A L B A C K G R O U N D

John Bunch serves as an Advisor with SVN Stone Commercial Real Estate in Lexington, Kentucky. He specializes in the sale and leasing of Industrial and Office properties in Central and Northern Kentucky. He also works with investors and tenants to locate specific properties aligning with their short and long terms goals and objectives.

John is a Kentucky native and graduate of the Gatton College of Business and Economics at the University of Kentucky. Prior to joining the SVN Stone Commercial team, John worked in industrial sales in Dallas, Texas primarily on ground-up new construction and development projects collaborating with property owners, tenants, developers, architects, engineers, general contractors, and sub-contractors.

In 2017 & 2018 John was awarded the "Achievement" award from SVN International Corp. recognizing superior performance among 1600 advisers nationwide. He has finished the last two years in the top 10% of the company in sales and leasing and has no plans of slowing down.

John enjoys spending time with His wife Maggie and son Miles. He enjoys time with friends and serving at his local church. He comes alive talking about anything to to do with business investments, the outdoors, UK athletics, and finely crafted bourbon. You can contact him at 859.433.8911 or john.bunch@svn.com.

M E M B E R S H I P S

CPAL - Commercial Property Association of Lexington CCIM - Certified Commercial Investment Member

SVN | Stone Commercial Real Estate 300 E. Main Street, Suite 220

Lexington, KY 40507 859.264.0888

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The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.