Building Details

Tenancy Single

Listing Agency: Minneapolis - St. Paul

Listed By: Andy Lubinski Show Phone

Source: Colliers

Added: Jul 23 Changed: Sep 5 Last Checked: Sep 5 at 3:36AM

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Investment Insights

Based on property information with market context.

This single-tenant industrial property totals 129,388 square feet and sits on 15.01 acres. The facility is 100% occupied by APACE Packaging, an established pharmaceutical packaging company, with a long-term commitment to the location and substantial investment in facility-specific improvements and operations.

The offering is structured as an absolute net lease, intended to reduce landlord responsibilities for the investor. The tenant has also initiated three building expansions, and the property has been continuously occupied for nearly two decades at the site.

For investors seeking a passive structure, the asset combines mission-critical industrial real estate with long-term tenant occupancy and a recently extended lease.

Key Highlights

• 129,388 SF single‑tenant industrial facility on 15.01 acres
• Built in 1972
• 100% occupied by APACE Packaging

Property Analytics

Property Profile

Current Use

Apace KY LLC Factory

Suggested Use

Top Pick Big Box & Wholesale Store Barber Shop Grocery & Convenience Store Food Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

9

Businesses Nearby

Explore this area Business Placement

Demographics for 42133, KY

1,536

Population

747

Households

2.1

Avg Household Size

44

Median Age

13%

College-Educated

78%

High-School Grad

77.1 sq mi

ZIP Area

20

Density / Sq Mi

$53,333

Median Household Income

$36,696

Median Earnings

$713

Median Rent

$155,700

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this manufacturing properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Manufacturing property - Single-tenant industrial facility on 15.01 acres, 100% occupied by APACE Packaging under an absolute net lease.

Where is this manufacturing property located?

The property is located at 12954 Fountain Run Rd Fountain Run, KY.

What is the asking price?

The asking price for this property is $12,525,000.

What are key features of this property?

This property features: 129,388 SF single‑tenant industrial facility on 15.01 acres; Built in 1972; 100% occupied by APACE Packaging