Industrial | Single Tenant Sublease | 3.40 Acre Lot | Fully Fenced

Description

1508 Crums Lane presents a rare opportunity to secure 30,210 SF of functional industrial space across two warehouse buildings on ±3.40 acres in Louisville’s west industrial corridor. Zoned M-2, the property is well-positioned for distribution, light manufacturing, contractor operations, fleet-based businesses, and service users requiring both dock access and secured yard space.

The site is fully fenced with gated access, offering operational security and controlled entry—an increasingly valuable feature for users with equipment, vehicles, or outdoor storage needs. The layout provides flexibility: Building A delivers dock-high loading and office support, while Building B offers high-clear, drive-in warehouse space ideal for equipment, fabrication, or overflow storage.

In a Louisville industrial market where vacancy remains near historic lows around 5% and small-to-mid bay space continues to lease quickly, opportunities combining yard, dock access, and 3-phase power at a competitive rate are limited. This sublease provides scale, functionality, and cost efficiency in one package.

Lease Terms
Sublease Rate: $6.50/SF/YR
Year 1 Base Rent: $196,365 annually ($16,363.75/month)
Lease Basis: 30,210 SF
Structure: NNN

With this being a sublease, there is little room to negotiate a longer term, extension options, or tenant improvements.

Tenant Responsibilities Include:
Base Rent
Pro rata share of CAM, real estate taxes, and landlord’s property insurance
Utilities (gas, electric, water, sewer, internet, etc.)
General repairs and maintenance except items expressly assigned to landlord
Landlord Responsibilities Include:
Roof and roof membrane
Foundation and floor slab (unless damaged by tenant)
Structural elements as outlined in lease
HVAC repair/replacement for Building A office space (subject to maintenance compliance)

Area Information
1508 Crums Lane is located in Southwest Louisville, a long-established industrial and logistics corridor with direct access to major transportation routes and workforce density.

Louisville remains one of the strongest industrial markets in the region, with approximately 260 million SF of inventory and vacancy near 5%, well below the national average. The city benefits from its central location within a day’s drive of a large percentage of the U.S. population, supporting distribution, manufacturing, and supply chain users.

The area surrounding Crums Lane is characterized by industrial users, logistics operators, contractors, and service companies, providing strong complementary business activity and labor accessibility.

Nearby Points of Interest
(Approximate drive times from 1508 Crums Lane)
I-264 (Watterson Expressway) – 4 minutes
I-65 – 10 minutes
I-64 – 12 minutes
Outer Loop Industrial Corridor – 12 minutes
Downtown Louisville – 12 minutes
UPS Worldport / Louisville International Airport (SDF) – 14 minutes
Riverport Logistics Center – 15 minutes
Ford Louisville Assembly Plant – 15 minutes

PLEASE CALL 502-306-3635 TO SCHEDULE A TOUR.

Building highlights
30,210 SF total rentable
23,430 SF – Building A
6,780 SF – Building B
±3.40 acres
M-2 Industrial Zoning
Fully fenced lot with gated access
8 dock-high doors (8’ x 9’)
4 drive-in doors
2 – 10’ x 13.4’
1 – 8’ x 11.5’
1 – 6’ x 9’

Clear heights:
Building A: 13.5’ – 21’

Building B: 18’ peak / 13’ sidewalls
3-Phase power throughout
Wet sprinkler system (Building A)
Steel, block & brick construction
Metal & TPO roofing
Gravel yard with concrete parking pads
Office buildout in Building A (6 offices + additional basement offices not included in lease basis)

Louisville’s west industrial corridor

Units for Lease