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Available Industrial Space in Richwood
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505 INNOVATION WAY, Richwood, KY 41094

523,884 SF industrial space for lease near Cincinnati Airport.

Space SizeContact for details
Property Size523,884 SF
Days on Market257

Property Features for 505 INNOVATION WAY

General Information

Standard status Active
Size 523,884 SF
Property subtype Industrial
Listing Agency: CBRE | Cincinnati
Listed By: Mike Lowe · License #2005000631
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 6 at 11:19AM

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 CBRE | Cincinnati

Investment Insights

Based on property information with market context.

This industrial property offers 523,884 square feet of available space, suitable for warehousing and distribution purposes. Spec-to-suit options are available. The building features a typical column spacing of 56 feet wide by 50 feet deep, with 60-foot deep staging bays. It provides a minimum clear height of 36 feet and is equipped with an ESFR sprinkler system and LED exterior lighting. The truck court measures 185 feet. There are 52 dock doors, each 9 feet by 10 feet, with the possibility of expansion. Additionally, the property includes 4 drive-in door ramps, each 14 feet by 16 feet. Parking is available for 122 trailers and 358 automobiles. The property is strategically located in the Northern Kentucky submarket, offering convenient access to I-75 and proximity to the Cincinnati/Northern Kentucky International Airport.

Key Highlights

  • Strategic location in Northern Kentucky with excellent access to I‑75 and proximity to Cincinnati/Northern Kentucky International Airport.
  • 523,884 SF available**, offering significant space for various business operations.
  • Spec‑to‑suit availability, allowing customization to meet specific tenant needs.

Property Analytics

Current Use

Warehouses

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby
Balanced
Demand for This Use

Demographics for 41094, KY

14,480
Population
5,204
Households
2.8
Avg Household Size
35
Median Age
31%
College-Educated
93%
High-School Grad
42.1 sq mi
ZIP Area
344
Density / Sq Mi
$91,678
Median Household Income
$46,691
Median Earnings
$1,133
Median Rent
$264,500
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
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Frequently Asked Questions

What type of property is this?
Warehouse - 523,884 SF industrial space for lease near Cincinnati Airport.
Where is this warehouse located?
The property is located at 505 INNOVATION WAY Richwood, KY.
What are key features of this property?
This property features: Strategic location in Northern Kentucky with excellent access to I‑75 and proximity to Cincinnati/Northern Kentucky International Airport.; 523,884 SF available**, offering significant space for various business operations.; Spec‑to‑suit availability, allowing customization to meet specific tenant needs.
More about this property
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