Single-Tenant NNN Manufacturing
For Sale
Contact for pricing
40 Aberdeen Dr, Glasgow, KY 42141
Absolute NNN occupancy, specialized warehouse improvements, and integrated material-handling infrastructure support ongoing industrial operations.
Property SizeContact for details
Days on Market146
Property Features for 40 Aberdeen Dr
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Columbus
(216) 264-2000
Listed By:
Craig Fuller · License #OH 2008001551
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 10:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Columbus
Investment Insights
Based on property information with market context.
This single-tenant manufacturing property contains a 105,800-square-foot industrial building occupied at 100% by Amneal Pharmaceuticals, plus an estimated 30,000-square-foot mezzanine. The facility includes an industrial elevator serving the mezzanine and conveyor belts throughout the premises. Warehouse flooring has been upgraded throughout, while the warehouse roof was recently renovated and the office roof was fully replaced in 2015.
The absolute NNN lease has eight years remaining and places zero landlord responsibilities on the owner. Base-term rent increases by 2% annually, followed by 5% increases during each of two five-year renewal options. The lease also includes a corporate guaranty. Access is available from Scottsville Road and Cumberland Parkway, with combined traffic of 34,000 cars per day.
Amneal Pharmaceuticals manufactures, markets, and distributes more than 94 drugs in the United States. The property is in Glasgow, Kentucky, within 100 miles of Nashville and Louisville and within 600 miles of 43% of the U.S. population.
The absolute NNN lease has eight years remaining and places zero landlord responsibilities on the owner. Base-term rent increases by 2% annually, followed by 5% increases during each of two five-year renewal options. The lease also includes a corporate guaranty. Access is available from Scottsville Road and Cumberland Parkway, with combined traffic of 34,000 cars per day.
Amneal Pharmaceuticals manufactures, markets, and distributes more than 94 drugs in the United States. The property is in Glasgow, Kentucky, within 100 miles of Nashville and Louisville and within 600 miles of 43% of the U.S. population.
Key Highlights
- 105,800‑square‑foot industrial building with an estimated 30,000‑square‑foot mezzanine
- 100% occupied by Amneal Pharmaceuticals under an absolute NNN lease
- Eight years remaining, with 2% annual base‑term increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 42141, KY
32,207
Population
14,385
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
268.5 sq mi
ZIP Area
120
Density / Sq Mi
$51,188
Median Household Income
$35,094
Median Earnings
$833
Median Rent
$170,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Absolute NNN occupancy, specialized warehouse improvements, and integrated material-handling infrastructure support ongoing industrial operations.
Where is this manufacturing property located?
The property is located at 40 Aberdeen Dr Glasgow, KY.
What are key features of this property?
This property features: 105,800‑square‑foot industrial building with an estimated 30,000‑square‑foot mezzanine; 100% occupied by Amneal Pharmaceuticals under an absolute NNN lease; Eight years remaining, with 2% annual base‑term increases
