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 Spencerâ??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 2034â??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.

Property Features