Kentucky Absolute Net Leased Industrial 2 Industrial Properties in Multiple Locations

The Absolute Net-Lease Portfolio consists of two (2) industrial properties leased to Precision Metal Works on absolute net leases, with 17 years remaining.
Precision Metal Works occupies two Kentucky manufacturing facilities totaling 230,793 square feet. Each property is positioned within an established industrial corridor with deep institutional inventory and sustained occupier demand. Portfolio rents average 20% below prevailing market rates across markets with deep institutional inventory and tight vacancy, providing durable downside insulation across the weighted lease term.
The 156,933-square-foot Louisville property at 4701 Allmond Avenue is adjacent to Louisville Muhammad Ali International Airport and in close proximity to the UPS Worldport global air hub. 
156,933 SF Building  
8.41 AC Land Area  
10 Dock Doors and 1 Drive-In Doors  
New Section Built in 1996 with 29' Clear 
Adjacent to Louisville International Airport and UPS Worldport Air Hub 
The 73,860-square-foot Frankfort facility at 111 Commerce Boulevard is located in Kentucky’s capital city with immediate access to Interstate 64 and major regional highways.
73,860 SF Building, Built in 1988 / 1997  
7.43 AC Land Area  
2 Dock Doors and 4 Drive-In Doors  
30' Avg. Clear [Up to 36' Clear] 
Located in Frankfort, KY — the Capital of Kentucky
Both buildings are 100% leased to Precision Metal Works, part of Live Ventures Steel Manufacturing Portfolio of Companies. Precision Metal Works offers world-class Metal forming, Assembly and Finishing for a wide variety of industries including, Automotive, Appliance, Hardware, Electrical, Electronic and Medical. Other manufacturing processes include stamping, welding, machining, and quality testing. Some of their customers include Ford, GM, GE & Whirlpool.