Share This Listing

Message

919 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Amazon Last Mile Distribution Facility 7435 Industrial Rd 123,769 SF 4-Star Industrial Building Florence, KY 41042 For Sale

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Passive Lease Structure: Over 9 years remaining, corporately guaranteed by Amazon.com Services LLC (S&P AA). Refer to OM for LL responsibilities.
  • State-of-the-Art Delivery Facility: Newly constructed in 2022 with warranties for capital replacements.
  • Prime Location in High-Demand Hub: Located in Cincinnati/Northern Kentucky, a major logistics market with access to key highways & airports.
  • Integral to Amazon’s Operations: Opened in summer 2024, this facility is critical to Amazon’s logistics, and the tenant is fully utilizing the space.
  • Features include 32' clear heights, ample parking (including 185 electric van parking spaces) and concrete tilt-up construction.
  • Logistics Powerhouse: Positioned within 600 miles of 65% of the U.S. population and home to over 100 logistics companies

EXECUTIVE SUMMARY

- *LL is responsible for capital replacements under the lease. Brand new facility and warranties in place will be transferred to the buyer at close. All wear and tear maintenance is passed through to the tenant and a buyer is able to charge a management fee.
- Passive Lease Structure: Over 9 years remaining, corporately guaranteed by Amazon.com Services LLC (S&P AA). Annual increases and management fee protect against inflation.
- State-of-the-Art Delivery Facility: Newly constructed in 2022 with warranties for capital replacements. Features include 32' clear heights, ample parking (including 185 electric van parking spaces) and concrete tilt-up construction.
- Prime Location in High-Demand Hub: Located in Cincinnati/Northern Kentucky, a major logistics market with access to key highways, an international airport, and a low-cost workforce.
- Logistics Powerhouse: Positioned within 600 miles of 65% of the U.S. population and home to over 100 logistics companies, supported by low Boone County taxes.
- Integral to Amazon’s Operations: Opened in summer 2024, this facility is critical to Amazon’s logistics, and the tenant is fully utilizing the space

PROPERTY FACTS

Sale Type Investment NNN
Sale Condition Build to Suit
Property Type Industrial
Property Subtype Distribution
Building Class A
Lot Size 25.12 AC
Rentable Building Area 123,769 SF
No. Stories 1
Year Built 2022
Tenancy Single
Parking Ratio 6.29/1,000 SF
Clear Ceiling Height 32’
No. Dock-High Doors/Loading 11
No. Drive In / Grade-Level Doors 3
Zoning I - Industrial

AMENITIES

  • Bus Ducts
  • Floor Drains
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 073.00-00-036.00
  • 073.00-00-036.03
Land Assessment
$2,500,000
Improvements Assessment
$25,000,000
Total Assessment
$27,500,000
  • Listing ID: 33168665

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 7435 Industrial Rd, Florence, KY 41042

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}