291,695 SF Single Tenant Industrial Investment (Lexington, KY MSA)

Paris is a city located in Bourbon County, Kentucky, in the United States. It is situated in the north-central part of the state, about 18 miles northeast of Lexington. Paris has a total area of 5.5 square miles, with a population of approximately 8,500 people. The city of Paris is situated in the heart of the Bluegrass region of Kentucky, known for its rolling hills, scenic landscapes, and horse farms. It is surrounded by fertile farmland, and the area is known for its production of tobacco, corn, and soybeans. Paris is located along the banks of Stoner Creek, and it is home to a historic downtown district, with many well-preserved 19th-century buildingsSVN 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 [email protected] // 859.433.8911.