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$ 5,950,000
Est. payment | /mo
4,000 SqFt
$ 5,950,000
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $1,487
MLS Listing ID RA20265130
Year Built 1966
Lot Size 3.280 Acres
Acres 3.28
Property Sub-Type Commercial
Property Description
1001 Adams Street is a 41,500-square-foot multi-tenant industrial and adaptive-reuse campus situated on approximately 3.29 acres near downtown Bowling Green, Kentucky. Offered at $5,950,000, the property is approximately 81.9% occupied and generates $366,456 in current in-place NOI. The campus consists of four distinct spaces that have undergone extensive remodel: an 18,000 SF distribution warehouse and office leased to Keurig Dr Pepper, a 5,000 SF production and roasting facility leased to Spencer's Coffee, an 11,000 SF renovated office/showroom and warehouse occupied by ORI, and a 7,500 SF vacant clear-span warehouse providing near-term lease-up potential. The occupied portfolio benefits from long-term leases extending through 2034–2036, with approximately 8.1 years of weighted average remaining lease term. The property also offers substantial operational infrastructure, including new dock-high loading, grade-level access, truck circulation and staging areas, fenced yard space, and multiple independently configured buildings. Recent renovations include: roof, dock equipment, concrete, asphalt, interior finishes, office updates and updated MEP. Owners are licensed agents in Kentucky.
Location
State KY
County Warren
Area Bg Downtown
Exterior
Fence Partial
Others
Tax ID 039A-12-016
Listed by The Black Oak Company
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