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SVN | STONE COMMERCIAL REAL ESTATE | 300 E. MAIN STREET, SUITE 220, LEXINGTON, KY 40507 LEASE BROCHURE
ENTERPRISECENTER155 VALLEY OAK DRIVESOMERSET, KY 42501
Wade [email protected]
Nathan [email protected]
Matt Stone, CCIM,MBAManaging Director859.264.0888 [email protected]
OFFERING SUMMARYAvailable SF: 985 - 4,700 SF
Lease Rate: $12.00 SF/yr (MG)
Lot Size: 4 Acres
Year Built: 2007
Building Size: 20,030 SF
SVN Stone Commercial Real Estate is pleased to present up to 12,811 rentable square feet of office space for lease atEnterprise Center within the Valley Oak Technology Complex in Somerset, KY. The availability consists of four office suitesbetween 985 - 4,700 square feet that share a conference room, break room and other amenities. Existing tenants SAICand 4 Arrows occupy 4,152 square foot and 1,047 square foot suites, respectively.
The Valley Oak Technology Complex is a 150-acre regional business park designed to attract technology-intensive,knowledge-based companies to Somerset and Pulaski County. The Complex offers a variety of enhanced services forboth new and established companies requiring a highly skilled workforce, a sophisticated telecommunicationsinfrastructure and readily available investment capital. The Complex is located 11 miles from US 27 in Somerset and 17miles from the I-75 ramp in Mt. Vernon.
Somerset is a growing city located in south central Kentucky with easy access to I-75. As the gateway to the state'slargest body of water and major tourist destination, Lake Cumberland, Somerset is the center of activity in its region. Withmultiple real estate projects in development, including two shopping centers, Somerset shows no signs of slowing ineconomic growth.
Please Contact Wade Haga at 859-285-2202 | [email protected] or Nathan Dilly at 859-420.5492 |[email protected] for more details or to schedule a tour of the property.
PROPERTY OVERVIEW
Property Summary
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
LEASE HIGHLIGHTS
LEASE HIGHLIGHTS• Valley Oak Technology Complex
• Up to approximately 12,811 rentable sq ft available; 11,337 usable sq ft
• $12 psf/yr
• Enterprise Center offers subsidized lease rates
• Valley Oak Complex offers access to essentially unlimited bandwidth
• Ample parking
• Move in ready
ECONOMIC HIGHLIGHTS• Kentucky enjoys the lowest electrical rates in America
• Kentucky offers aggressive tax incentives for technology-based
companies
• Somerset has established two Industrial Parks
• Somerset Community College provides a readily available, skilled IT
workforce
• Somerset offers a rural quality of life with urban amenities
Highlights
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
SUITE SIZE (SF) LEASE TYPE LEASE RATE
Office A 1,680 SF Modified Gross $12.00 SF/yr
Office B 985 SF Modified Gross $12.00 SF/yr
Office E 4,700 SF Modified Gross $12.00 SF/yr
Office F 3,972 SF Modified Gross $12.00 SF/yr
LEASE TYPE | MG
TOTAL SPACE | 985 - 4,700 SF
LEASE TERM | Negotiable
LEASE RATE | $12.00 SF/yr
Available Spaces
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Floor Plan
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Maps
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 5 MILES 10 MILES
Total population 129 3,804 21,968
Median age 42.3 41.3 40.4
Median age (Male) 42.7 41.6 38.8
Median age (Female) 42.2 41.1 41.1
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total households 53 1,551 9,023
# of persons per HH 2.4 2.5 2.4
Average HH income $38,942 $46,925 $47,794
Average house value $125,095
* Demographic data derived from 2010 US Census
Demographics Map & Report
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
WADE HAGAAdvisor
NATHAN DILLYAdvisor
MATT STONE, CCIM, MBAManaging Director
Meet The Team
ENTERPRISE CENTER | 155 VALLEY OAK DRIVE SOMERSET, KY 42501 SVN | Stone Commercial Real Estate | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
The material contained in this Offering Brochure is furnished solely for the purpose of considering a lease of a portion of the property within and is not to beused for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the writtenconsent of the SVN® Advisor or Property Owner (“Owner”), or used for any purpose whatsoever other than to evaluate the possible lease of the Property.
The only party authorized to represent the Owner in connection with the lease of the Property is the SVN Advisor listed in this proposal, and no other personis authorized by the Owner to provide any information or to make any representations other than contained in this Lease Offering Brochure.If the personreceiving these materials does not choose to pursue a lease of the Property, this Lease Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisLease Offering Brochure may include certain statements and estimates by SVN with respect to the Property. These Assumptions may or may not be provento be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability forrepresentations or warranties, expressed or implied, contained in or omitted from this Lease Offering Brochure, or any other written or oral communicationtransmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it inany final, fully executed and delivered Real Estate Lease Agreement between it and Owner.The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor, nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Lease OfferingBrochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.
This Lease Offering Brochure is a solicitation of interest only and is not an offer to lease the Property. The Owner expressly reserves the right, at its solediscretion, to reject any or all expressions of interest to lease the Property and expressly reserves the right, at its sole discretion, to terminate negotiationswith any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the LeaseOffering Brochure or making an offer to lease the Property unless and until the Owner executes and delivers a signed Real Estate Lease Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer to lease, a prospective lessee will be deemed to have acknowledged the foregoingand agreed to release the Owner and the SVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective lessee, any prospective lesse should not rely on any such correspondence orstatements as binding Owner. Only a fully executed Real Estate Lease Agreement shall bind the property and each prospective purchaser proceeds at itsown risk.
Disclaimer
