Light Industrial Space for Lease in Crestwood, KY
Financial Details
- Asking Price:
- $5,000
- Cash Flow / SDE:
- $5,000
- Profit Metric:
- Lease Rate
- Valuation Multiple:
- 1.0x
- Location:
- Crestwood, KY, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing offers prime light industrial space for lease in the highly desirable Crestwood Industrial Business Centre (CIBC) located in Crestwood, Kentucky. The property features two adjoining units, Units 5 & 6, providing a flexible space configuration ranging from 2,400 sq ft up to 4,800 sq ft. Unit 1 is a 40x60 warehouse, and Unit 2 is a 40x60 warehouse with integrated office space. The landlord prefers to lease the combined space but is open to considering separate leases for individual units. Situated at the front of the CIBC park, the location offers convenient and secure ingress/egress for tractor trailers, access to loading docks, and proximity to I-71. This flex-space is ideal for a variety of business trades, including contractors, builders, plumbers, automotive-related businesses, warehousing, and light manufacturing. The lease terms include a base rate of $12/sq ft/year, with tenants responsible for CAMS and Taxes. Estimated total lease cost, including CAMS and Taxes, is approximately $12.50/sq ft/year. The lease is a Triple Net (NNN) lease with a 5-year term and an expiration date of September 2, 2030. Property expenses include CAMS (currently $220/month/unit), an annual assessment ($300/unit), and property taxes. Tenant is responsible for water, sewer, trash, and utilities.
Industry Information
- Industry Description:
- Light Industrial Space
- Classification:
- Building & Construction
Real Estate & Lease
- Status:
- For_lease
- Monthly Rent:
- $5,000 USD
- Lease Expiration:
- 2030
Broker Contact
- Name:
- OTIS R. FLORENCE
- Company:
- BUSINESS BROKERS & CONSULTANTS, INC
- Phone:
- 502-586-5039
Listing Details
- Listing ID:
- a56e5c26-82e7-4b0c-9264-addc5f99b553
- Source Listing ID:
- 2404331
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD