Marcus & Millichap negotiates sale of 43,125-square-foot industrial property in Nicholasville

Marcus & Millichap negotiates sale of 43,125-square-foot industrial property in Nicholasville

Marcus & Millichap negotiated the sale of a 43,125-square-foot industrial property, occupied by SMC Integration Solutions, in Nicholasville, Kentucky. Darpan Patel and Dan Yozwiak, investment specialists in Marcus & Millichap’s Tampa and Columbus offices, in association with Grant Fitzgerald, Marcus & Millichap’s Kentucky broker of record, had the exclusive listing to market the property on behalf of the seller, a repeat local client, and procured the buyer, a repeat Ohio client.  The property, located at 400 Enterprise Drive, spans 6.04 acres and is fully occupied by SMC Integration Solutions, a mission-critical tenant that recently executed a new 16-year absolute net lease with term extending through 2041. Positioned within Nicholasville’s industrial corridor, the asset benefits from proximity to major transportation routes, regional employers and a growing base of retail, residential and population density within the Lexington-Fayette metro area.