AVAILABILITY DETAILS
- Size
- 291,695 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA517935
- Notes
- SVN Stone Commercial Real Estate is pleased to bring to market this single-tenant industrial investment opportunity in the Lexington, KY MSA.
2008 Cypress Street is a 291,695 SF facility situated on approximately 21.31 acres in the Lexington, KY submarket of Paris, KY. This heavy manufacturing facility was originally constructed in 1966 and most recently renovated in 2024. The property has been occupied by Western Pacific Storage Solutions (WPSS) since 2007. WPSS specializes in manufacturing industrial racking solutions and other related products that help companies worldwide streamline operations and achieve cost savings. Over the past year, WPSS consolidated all its manufacturing operations at this location, making it a mission-critical facility.
As a further commitment to this space, WPSS executed a 10-year modified net lease agreement that incorporates an expansion within the facility. WPSS now occupies 275,165 SF of the building and 17.82 acres of the parcel, with plans to expand further in the future. The initial lease term began on August 1, 2022, and extends through July 31, 2032. The property includes approximately 7% office space, with the remaining 93% dedicated to manufacturing and warehouse operations.
The manufacturing portion of the facility is equipped with key features essential to WPSS’s operations, including 3High-efficiency lighting, Wet sprinkler system, Reinforced concrete slab, Seven dock-height doors, One drive-in door, Heavy power capabilities, Clear heights ranging from 14’ to 20’
Located in the heart of Paris, KY, this property offers convenient access to major highways and transportation routes. Its proximity to local amenities, including restaurants, shopping centers, and hotels, makes it an attractive location for employees and staff.
For further financial or lease information, or to schedule a tour of the facility, please contact: John Bunch, SIOR at john.bunch@svn.com // 859.433.8911.
- Uses
- Industrial
Warehouse
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
John Bunch SIOR, SVN | Stone Commercial Real Estate