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1953 Mercer Road
Lexington, KY 40511
Asking Price
$14.00M
Asset Type
Distribution Industrial
Class
Class B
What's Special
<p>178,379 SF zoned I-1 (Light Industrial) on 13.976 acres</p><p>(4) docks, (2) grade level drive in doors</p><p>Heavy 3 Phase Power</p><p>100% climate controlled</p><p>18’ clear height</p><p>40 x 40 column spacing</p><p>Wet Sprinkler System</p><p>Within 3.5 miles to I-75/I-64</p>
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NOI
$80,000
Cap Rate
0.57%
DSCR
0.10
Underwater
Cash-on-Cash
-17.89%
Monthly Payment
$69,264.361
Annual Cash Flow
$-751,172.336
