3 Hoop DrWalton, KY 41094

  • Industrial properties
  • 26,600 SF
For Sale

Property Details for 3 Hoop Dr

Lot size
11.50 AC
Property size (Sq ft)
26,600 SF
Property type
Industrial properties
Property subtype
Other warehouses

Description

This exceptional investment opportunity presents a 26,600-square-foot industrial warehouse situated on an expansive 11.5-acre lot in Walton, Kentucky. The property boasts a newly constructed (2022) facility featuring 14,800 square feet of office space and 11,800 square feet of warehouse space. A significant advantage is the presence of a global credit tenant under a seven-year lease commencing in April 2022, providing immediate and consistent cash flow. The lease includes two five-year renewal options, ensuring long-term stability. Annual rent increases of 2.75% are built into the lease agreement, offering protection against inflation. The property also features a paved, secure lot with ample outdoor storage. Further enhancing this investment's appeal is the availability of an assumable loan with a below-market interest rate of 3.70%, significantly reducing acquisition costs. This turnkey investment is ready for immediate ownership and offers a compelling combination of strong tenancy, attractive financing, and significant upside potential. Offers are currently being accepted. Located in Boone County, KY, zip code 41094, this property is strategically positioned for continued growth and success.

3 Hoop Dr, Walton, Kentucky

Location Insight

City
Walton
County
Boone
State
Kentucky
Latitude
38.893
Longitude
-84.6032

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].