Industrial Property for Sale in Louisville, KY
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Louisville, KY 40219
- Year built: 2003
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. Investment Highlights: • Sale-leaseback structure with 10-year NNN lease signed at closing • Stable tenant: Excel Distribution – logistics & warehousing services • Zoned CM with excellent access and industrial layout • Priced at $162/SF, offering value in today's market • Long-term income stream with zero landlord responsibilities
Market Context
This industrial in Louisville, KY is listed for sale. The building dates to 2003. It has been on the market for 68 days. Compare it against other industrial listings for sale in Louisville, KY — <a href="/search/sale/industrial/kentucky/louisville">view the full market</a>.
As of Q4 2022, the Louisville industrial market showed a 0.6% vacancy rate, and rents up 78.0% year over year. Source: Cushman & Wakefield Q4 2022 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Industrial market FAQ
- Is the Louisville industrial market tightening or softening?
- Vacancy is around 0.6%, with asking rents rising year over year (Q4 2022).
Unified Estimate
Very Low Confidence$5.66/SF – $7.66/SF
Mid: $6.66/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market columbia (similarity: 100%) with 3 comparable listings.
Contact
- Ali Valiahdi · (858) 373-3288 · ali.valiahdi@marcusmillichap.com
- Ben Tashakorian · (858) 373-3176 · ben.tashakorian@marcusmillichap.com
- Grant Fitzgerald · (502) 329-5900
Explore this market
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