SEALED BID AUCTION

SEALED BIDS DUE BY 11/10/26@4:00 PM ET

PREVIEW TIMES
Tue. 10/27 @ 2:00PM – 3:00PM ET
Tue. 11/3 @ 2:00PM – 3:00PM ET

Buyer’s Premium: 6% Buyers Premium based on the high bid.

Property is being Sold in Cooperation with Schrader Commercial Properties, LLC | James Schrader, President

The Property is being offered through a Sealed Bid Auction Process (the “Sealed Bid”). Persons or entities wishing to participate in and qualify for the auction event (“Bidder”) are required to submit a fully executed Initial Bid & Binding Purchase Agreement along with a wire transfer of $100,000 (the “Initial Deposit”) no later than 4:00 PM ET, Tuesday, November 10, 2026. A 6% buyer’s premium will be added to the high bid to determine the total sale price. The parties submitting the three (3) highest Sealed Bids and/or those parties submitting Sealed Bids in an amount equivalent to Seventy-Five percent (75%) or more of the amount of the highest Sealed Bid received shall be deemed Qualified Bidders and shall be eligible to participate in a second round of live, online bidding (the “Auction) to be conducted Thursday, November 12 at 2:00 PM ET. After the conclusion of the Sealed Bid or Auction, the winning bidder is required to make an additional deposit (the “Additional Deposit”) to Tranzon in an amount totaling 10% of the total purchase price (the “Total Deposit”) within 24 hours of being declared the winning bidder. The Initial Deposit is credited toward the Additional Deposit and Total Deposit. The balance of the total sale price is due at closing within the timeframe specified in the Initial Bid & Binding Purchase Agreement. Seller may elect to accept the highest Sealed Bid received at its sole discretion. Seller may forego an Auction and convert any future round of bidding to a call for Best & Final Bids at its sole discretion. All Bids are Irrevocable. The Seller will provide a Special Warranty Deed at closing. Please see the Bid Process and Instructions, and a sample Initial Bid & Binding Purchase Agreement for complete sale terms. Property selling in its As Is and Where Is condition, subject to all leases and tenants in possession. Buyers are cautioned to carefully review the property information and terms and conditions. All properties subject to sell prior to the auction without notice.

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

SEALED BID AUCTION

SEALED BIDS DUE BY 11/10/26@4:00 PM ET

PREVIEW TIMES
Tue. 10/27 @ 12:00PM – 1:00PM ET
Tue. 11/3 @ 12:00PM – 1:00PM ET

Buyer’s Premium: 6% Buyers Premium based on the high bid.

Property is being Sold in Cooperation with Schrader Commercial Properties, LLC | James Schrader, President

The Property is being offered through a Sealed Bid Auction Process (the “Sealed Bid”). Persons or entities wishing to participate in and qualify for the auction event (“Bidder”) are required to submit a fully executed Initial Bid & Binding Purchase Agreement along with a wire transfer of $100,000 (the “Initial Deposit”) no later than 4:00 PM ET, Tuesday, November 10, 2026. A 6% buyer’s premium will be added to the high bid to determine the total sale price. The parties submitting the three (3) highest Sealed Bids and/or those parties submitting Sealed Bids in an amount equivalent to Seventy-Five percent (75%) or more of the amount of the highest Sealed Bid received shall be deemed Qualified Bidders and shall be eligible to participate in a second round of live, online bidding (the “Auction) to be conducted Thursday, November 12 at 3:00 PM ET. After the conclusion of the Sealed Bid or Auction, the winning bidder is required to make an additional deposit (the “Additional Deposit”) to Tranzon in an amount totaling 10% of the total purchase price (the “Total Deposit”) within 24 hours of being declared the winning bidder. The Initial Deposit is credited toward the Additional Deposit and Total Deposit. The balance of the total sale price is due at closing within the timeframe specified in the Initial Bid & Binding Purchase Agreement. Seller may elect to accept the highest Sealed Bid received at its sole discretion. Seller may forego an Auction and convert any future round of bidding to a call for Best & Final Bids at its sole discretion. All Bids are Irrevocable. The Seller will provide a Special Warranty Deed at closing. Please see the Bid Process and Instructions, and a sample Initial Bid & Binding Purchase Agreement for complete sale terms. Property selling in its As Is and Where Is condition, subject to all leases and tenants in possession. Buyers are cautioned to carefully review the property information and terms and conditions. All properties subject to sell prior to the auction without notice.

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

In The News

SOLD – Former Southside Technical Center April 17, 2026 -

Tranzon Asset Advisors and Schrader Commercial Properties are pleased to announce that the Fayette County Public Schools (FCPS) has entered into contract to sell the former Southside Technical Center located at 1800 Harrodsburg Road, Lexington, KY. The purchaser is Local 452 – Plumbers & Pipefitters. The union will be utilizing the facility in similar fashion

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FCPS to sell Southside Technical Center March 25, 2026 -

Image: FCPS to sell Southside Tech Center off Harrodsburg Road. (WKYT) BY Kelsey Souto January 14, 2026 3:24 PM EST LEXINGTON, Ky. (WKYT) – The Southside Technical Center Building has been placed on the market. The Fayette County Public School Board voted Monday to contract with a commercial real estate agent to help sell the

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More cuts are expected in Fayette County Schools’ 2027 budget January 13, 2026 -

Image: The Central Office of Fayette County Public Schools at 450 Park Place, Tuesday, Nov. 5, 2024 in Lexington, Ky. Brian Simms bsimms@herald-leader.com BY Valarie Honeycutt Spears January 13, 2026 5:00 AM Further cuts are expected next year at Fayette County Public Schools, officials said Monday night at a school board meeting. The cuts are

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