1508 Crums Lane

Industrial

1508 Crums Ln, LouisvilleKY 40216

Stephanie L Gilezan

Dylan Gilezan

Cal J Lewellyn

Current Listings

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

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)

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)

Property Details

Basic

Type
 Industrial
Address
1508 Crums Ln, LouisvilleKY 40216
County
Jefferson
Submarket
Year Built
1962
Land (Acres)
4.50 Acres
Land (SF)
196,186 SF
Floors
1

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Source: eXp Commercial

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