Instant Industrial Opportunity Manufacturing + Warehouse Facility

Industrial-Manufacturing-And-Warehouse-For-LeaseInstant Industrial Opportunity Manufacturing + Warehouse Facility

9 Docks, 6 Ground level doors, ready for your business.

CEILING HEIGHT: Plant 1
72,000 sq. ft. =13′ ~ 22′ clear under beam
28,500 sq. ft. =18′ 11 ~ 20′ 7 clear under beam

Plant 2
57,600 sq. ft. =16′ 7 ~ 23′ 9 clear under beam
29,560 sq. ft. =18′ 11 ~ 20′ 7 clear under beam
24,152 sq. ft. =17′ clear under beam

Support Buildings
7,500 sq. ft. = 17′ clear under beam
COLUMN SPACING: 30′ x 60′

POWER: Supplied by Kentucky Utilities at .0356/kWh (Nov. 2013)
Primary Service: 12 KV

Secondary Service:
277/480 volt, 3 phase, 4 wire
3 switchgears totaling 9400 amps
Cutler Hammer 4000 amps
Cutler Hammer 3000 amps
GE 2400 amps
Transformers:
(1) 1000; (1) 1500, and (1) 750 kva
Distribution: Buss duct throughout plant

SPRINKLER: 100% sprinklered; wet system in main plant and dry system in out-buildings
WATER + SEWER: Supplied by Harrodsburg Water District
Main: 12″ ; Line: 6″
COMPRESSED AIR: (1) 200 hp Sullair compressor – Air lines throughout
A/C: Office
LIGHTING: Combination multi-vapor and high-efficiency fluorescent

.2 mi to Class III 4 lane Highway
1 mi to rail
13 mi to Bluegrass Parkway – Interstate-grade 4 lane
27 mi to I-64
30 mi to LEX Lexington Bluegrass Airport
30 mi to Frankfort, KY State capitol, 75% of the state employees work there
40 mi to I-75
70 mi to Louisville
70 mi to Intermodal facility
70 m to I-65

Why leasing a factory is more cost effective

Manufacturing-Warehouse-for-rentWhy leasing a factory is more cost effective.

The biggest point to make here is Leasing a manufacturing facility leaves your company with more capital to invest in machinery to make what you manufacture.  Why tie up your precious capital to buy a factory when you can lease a facility?  Here is an article on why leasing a factory is more cost effective.

There are many factors every business need to consider when getting ready to make the decision whether to buy or rent or lease a factory or manufacturing facility. Once a business determines its manufacturing facility needs and locates the right facility, it is time for yet another decision regarding the business property: Do you buy, rent or lease a factory?

This question is raised in two contexts; first the owner of the target property will have to consider, either a capital lease or a straight rental of the property. And secondly you have to check what makes more financial sense – do we need to buy or can we just lease a factory. To help you make this decision, you need to compare the economics – what will this look like on our balance sheet?  What is 10 or 20 years down the road we need to relocate – will it take 3, 4 or 5 years to dissolve of this property.

There is always a debacle when somebody considers the option of buying as compared to leasing a manufacturing facility. Some people may hesitate from leasing because of building potential equity.  However, a competent financial analyst can confirm that leasing is a far more cost effective way of operating a business.

The main advantage of leasing a manufacturing facility or factory is that your initial outlay of cash to gain the use of the property is generally less for leasing than it is for purchasing. You should also look at the trade offs of both options, which are generally less for leasing as compared to those of buying. Apart from this if you want the facility for a short period of time – such as less than 20 years then leasing is by far the best option over purchasing.

There are multiple factors that would imply that leasing is a superior option as compared to an outright purchase. For assets with a shorter life, for example, it would be wiser to keep a lease on as opposed to a buyout. If you would like to buy equipment in bulk for your business or organization, it could create an extra pressure on the future financing of the company.  Again, leasing can be utilized to create smaller payments every month, even on a monthly, quarterly, or yearly basis.  Leaving your company more capital to invest in machinery to make what you manufacture.

When you keep all this in mind, if you are considering to lease or rent industrial space or a manufacturing facility for building your business, it makes more sense, both financially and economically, to go for an option that gives you more flexibility and more cash flow to breathe.

For more info and images of a manufacturing facility to lease – click here – http://warehouseforleaseky.com/instant-industrial-and-warehouse-opportunity-space-for-lease/

Factor Kentucky Into Your Site Selection Decision

Horses at KeenelandFactor Kentucky Into Your Site Selection Decision

In case you haven’t noticed, Kentucky is on the move – We’re moving up in the national ranks of auto manufacturing. We’re moving up in the ranks of economic development project activity. We’re moving up in the ranks of exporting and now we’re moving up in the ranks best business climate in the nation – ninth to be exact.  Factor Kentucky Into Your Site Selection Decision for manufacturing, warehouse and distribution facility location.

Our planning and due diligence are paying off.  We’ve worked hard to build a strong economy, and we want to share our success with you.  Under the guidance of an aggressive economic development strategic plan, Kentucky is attracting jobs and investment from across the nation and around the world, building a reputation as a center of innovation in numerous industry segments and creating a diverse and dynamic economy.

Our locations is within 600 miles of over 65 percent of the nation’s population, personal income and manufacturing establishments. Our competitive utility rates – some of the lowest in the nation, highly skilled labor pool, flexible workforce development programs and full suite of incentives make Kentucky an ideal place to locate, expand or right-size your growing business.

Visit ThinkKentucky.com and make your move today.

Factor Kentucky Into Your Site Selection DecisionLake Herrington

  • Low Business Costs – A 2012 CNBC special report ranks Kentucky’s business costs the #1 lowest in the country. It’s hard to beat that.
  • Logistical Advantage – Kentucky is home to two global air cargo hubs and is located at the center of a 34-state distribution area in the eastern U.S. making us a logistics dream. We can move products easily and efficiently by air, rail, road and water to all points of the globe.
  • Quality Workforce – In 2012, Kentucky’s workforce partners facilitated the training of nearly 85,000 Kentuckians. We’re also one of the first states to implement a statewide Work Ready Communities program, ensuring a steady pipeline of skilled talent.
  • Low Energy Costs – Kentucky boasts the 6th lowest industrial power costs in the country, and the #1 lowest in the eastern U.S. it’s one of the reasons why site consultants have ranked our competitive utility rates #1 in the country.
  • Competitive Tax Climate – The Tax Foundation ranks Kentucky as the 7th most business-friendly state in the country for new firms and the 6th lowest cost state for new corporate headquarters.
  • Progressive Incentives – Kentucky offers a full suite of tax incentive programs that provide the flexible financial assistance businesses need when locating, expanding or reinvesting in Kentucky.
  • Quality Of Life – Life outside the office just couldn’t better. Kentucky offers one of the nation’s lowest cost of living rates and housing costs up to 30 percent lower than the national average. Top that with breathtaking countryside and vibrant city life, right in the heart of the Kentucky Bourbon Trail and Kentucky Wine Trail, hiking, boating, dozens of golf course, world class fishing lakes and you have a place that you never want to leave.

Warehouse space close to a major shipping hub

Warehouse space for lease close to a major shipping hub

Warehouse space close to a major shipping hub

Economic Alliance Harrodsburg Kentucky is featuring 260,000+ sf of manufacturing and warehouse facility space for lease; located just off of highway 127 with convenient access to Bluegrass Parkway (considered an Interstate highway) and I-64, which offers direct proximity to Louisville International Airport. If your business is looking to relocate to Kentucky, our featured space is situated in a prime location that is perfect for industrial, manufacturing, and Warehouse space close to a major shipping hub – in fact, the largest fully automated package handling facility in the world, WorldPort.

The UPS WorldPort hub currently turns over 130 aircraft daily and is the largest capital project in the company’s history with 5,200,000 sf of space. The Louisville International Airport connects the region and is a major hub for connections throughout the mid-west and eastern coast. Export growth continues to strengthen in Kentucky, and there are many financial incentives that support growth and productivity.

Our Harrodsburg Kentucky facility featured space is perfect for manufacture, assembly, warehouse and distribution. With high docks with auto-levelers and grade level access, trucks can easily pass through and transport packages to and from the UPS WorldPort hub. UPS rapidly expanded its capacity to accommodate for an increase in package flow, and the facility’s design allows for further expansion to process up to a half million packages per hour, according to UPS WorldPort‘s Fact page. Harrodsburg Kentucky is a prime location for businesses to set-up a warehouse facility due to its robust transport and hub facilities.

The dynamic economy is a major reason behind the growth in warehouses and transportation in Harrodsburg Kentucky. According to a recent market update by Jones Lang LaSalle, industrial space offers a solid, long term investment opportunity. There is a healthy appetite for industrial space by institutional and private equity groups looking for long term net-lease and multi-tenant opportunities in productive locations that offer financial incentives to spur demand.

Increased capital flows and expansion in transport and logistics are compelling reasons to relocate to Harrodsburg Kentucky. Leasing a warehouse space close to the UPS WorldPort hub is a great decision if your business plans to focus on growth, capturing more cash flow to reinvest, and reducing upfront costs without the ongoing hassles of owning a full facility. There is more flexibility with leasing a space that will suit your specific needs and allow the freedom to grow and take advantage of area resources.

Sources for Warehouse space close to a major shipping hub:
Jones Lang La Salle US – Industrial Insight Video: http://www.youtube.com/watch?v=U3kFeqVICpk

UPS WorldPort Facts: http://www.pressroom.ups.com/Fact+Sheets/UPS+Worldport+Facts

Kentucky business climate ranks 9th in nation

Kentucky business climate ranks 9th in nation by Site Selection magazine

Publication highlights Kentucky’s competitiveness, project activity and tax structure in annual survey-Kentucky business climate ranks 9th in nation

FRANKFORT, Ky. (Nov. 6, 2013) – Site Selection magazine has recognized Kentucky’s business climate among the top 10 in the nation in its 2013 Top State Business Climate ranking. Jumping two spots from 2012, the commonwealth is ranked ninth overall in this year’s annual survey, which includes input from corporate site selectors and a mix of other leading indicators.

siteselection“This is further proof that Kentucky’s economy is heading in the right direction,” said Gov. Steve Beshear. “The ranking reflects our dedication to economic growth by offering companies an array of assets and business advantages, including a strong and educated workforce, robust infrastructure, progressive incentive programs and a pro-business environment.”

The ranking is based 50 percent on a survey of corporate site selectors and 50 percent on a set of criteria that include the states’ competitiveness rank as published in Site Selection’s May issue; qualified projects so far in 2013 and on a per capita basis; and state tax burdens on new and mature firms as compiled by the Tax Foundation and KPMG Location Matters analysis.

Kentucky scored particularly well in project activity categories, including first place for number of qualified projects on a per capita basis in 2012; second place for number of qualified projects on a per capita basis for the first eight months of 2013; and an overall 10th place finish for project activity in 2012, taking population out of consideration.

“We are pleased to include Kentucky on our list of Top 10 state business climates with a ninth-place finish for 2013, up from 11th place the previous year,” said Mark Arend, editor in-chief of Site Selection. “States that rank this prominently are taking the steps necessary to attract capital investment, and our readers will pay close attention to these efforts in the year ahead. My colleagues and I salute Gov. Beshear and his economic development team for their commitment to improving Kentucky’s business climate.”

Site Selection magazine, published by Conway Date Inc., delivers expansion planning information to nearly 49,000 subscribers.

The article and rankings can be viewed in their entirety at www.siteselection.com.

Steps to Lease Manufacturing and Warehouse Space

Warehouse-Manufacturing-Space-For-LeaseSteps to Lease Manufacturing and Warehouse Space

Leasing Manufacturing, Warehouse and Commercial spaces is almost always more cost effective than building a large space of your own. Once you know what your needs are – and how much space you require, you will need to understand the type of leases, how to negotiate leases and most important is how to protect your rights as a lessee.

For organizations that require large amount of Industrial space such as warehouses, a Commercial Broker or an industrial park would be an ideal location to find facilities for lease. Industrial Parks are land complexes that are divided into large sections that can be used for building or leasing a Manufacturing and Warehouse Facility, Storage and Distribution space, as well as space for light manufacturing and many industrial applications.

There are many benefits of leasing an Industrial building. Some of the advantages includes:

  1. Preservation of Capital:  Most companies would rather reserve capital for expansion of their operation as opposed to spending precious cash on real estate.  That is truly the #1 reason why you look for Industrial space to rent.
  1. Affordable, Flexible Lease: Large industrial space is significantly more cost effective to rent than finished commercial office spaces or established retail spaces. The industrial spaces can be used for a variety of purposes – leasing agents and commercial Attorneys can also be handy when dealing with the terms of industrial space leases.
  1. Cheaper to renovate than purchasing a building: If one needs custom designed facilities, but cannot spend to purchase and renovate your own building. Most of the industrial spaces for rent allow tenants to build out, modify or renovate warehouses into production or even distribution facilities.
  1. Provides More Zoning Options: It may be easier to convert industrial spaces into manufacturing and office than to convert existing building in areas zoned for other purposes.
  1. Add Usable Sq. Feet without increasing Rent: Most of the large industrial spaces have higher ceilings.  Space is usually leased by the square foot – but can be rented by the cubic foot – ask your Industrial facility representative.  Ken Garcia 859-494-5521