7435 Industrial Rd | Florence, KY 41042
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7435 Industrial Rd
Florence, KY 41042
Amazon Last Mile Distribution Facility · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Passive Lease Structure: Over 10 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 10 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
- Passive Lease Structure: Over 10 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 | No. Stories | 1 |
| Sale Condition | Build to Suit | Year Built | 2022 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 6.29/1,000 SF |
| Building Class | A | Clear Ceiling Height | 32’ |
| Lot Size | 25.12 AC | No. Dock-High Doors/Loading | 11 |
| Rentable Building Area | 123,769 SF | No. Drive In / Grade-Level Doors | 3 |
| 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 |
AMENITIES
- Bus Ducts
- Floor Drains
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $25,000,000 | |
| Land Assessment | $2,500,000 | Total Assessment | $27,500,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,500,000
Improvements Assessment
$25,000,000
Total Assessment
$27,500,000
ZONING
| Zoning Code | I (Industrial) |
| I (Industrial) |
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