Build-to-Suit Net Leased Office
For Sale
Contact for pricing
580 Atlas Air Way, Erlanger, KY 41018
Three-story net leased office built in 2020, fully occupied by Atlas Air with corporate guaranty.
Property Size100,061 SF
Days on Market54
Property Features for 580 Atlas Air Way
General Information
Standard status
Active
Size
100,061 SF
Class
A
Total Parking Spaces
511
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Net Operating Income
$1,717,398
Building Details
Year Built
2020
Stories
3
Tenancy
Single
Listing Agency:
CBRE - Cincinnati
(513) 369-1364
Listed By:
Will Roberts · License #OH 2018000453
Source:
Crexi
Added: Jun 29
Changed: Aug 13
Last Checked: Aug 21 at 4:28PM
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.
580 Atlas Way is a 100,061-square-foot, three-story office building delivered in November 2020 as a single-tenant build-to-suit. The asset is structured as a 15-year single tenant net leased property. It is fully leased to Atlas Air Worldwide and supported by a corporate guaranty from Atlas Air Worldwide Holdings. The building was specifically constructed to serve as the Midwestern headquarters of Atlas Air and to integrate with Amazon Air hub operations centralized at the Greater Cincinnati/Northern Kentucky International Airport (CVG).
The property is located in Erlanger, Kentucky. Its build-to-suit design ties directly to the centralized air hub operations at CVG, reflecting the operational role the facility plays within Atlas Air’s logistics footprint.
For investors or tenants evaluating a single-tenant, mission-critical office platform, this offering provides an institutional-style lease profile anchored by a corporate guaranty and an office headquarters configuration delivered in 2020. The build-to-suit nature and current occupancy by Atlas Air Worldwide may appeal to parties seeking reduced tenant concentration risk within a single-tenant structure, supported by a long-term lease term.
The property is located in Erlanger, Kentucky. Its build-to-suit design ties directly to the centralized air hub operations at CVG, reflecting the operational role the facility plays within Atlas Air’s logistics footprint.
For investors or tenants evaluating a single-tenant, mission-critical office platform, this offering provides an institutional-style lease profile anchored by a corporate guaranty and an office headquarters configuration delivered in 2020. The build-to-suit nature and current occupancy by Atlas Air Worldwide may appeal to parties seeking reduced tenant concentration risk within a single-tenant structure, supported by a long-term lease term.
Key Highlights
- 100,061 SF, three‑story single‑tenant net leased office built in 2020 (Erlanger, KY)
- 100% leased to Atlas Air Worldwide with corporate guaranty from Atlas Air Worldwide Holdings
- Built‑to‑suit delivered November 2020; designed as a 15‑year single‑tenant lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 41018, KY
29,305
Population
11,926
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
91%
High-School Grad
11.6 sq mi
ZIP Area
2,526
Density / Sq Mi
$70,267
Median Household Income
$40,537
Median Earnings
$1,044
Median Rent
$173,700
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Three-story net leased office built in 2020, fully occupied by Atlas Air with corporate guaranty.
Where is this office building located?
The property is located at 580 Atlas Air Way Erlanger, KY.
What are key features of this property?
This property features: 100,061 SF, three‑story single‑tenant net leased office built in 2020 (Erlanger, KY); 100% leased to Atlas Air Worldwide with corporate guaranty from Atlas Air Worldwide Holdings; Built‑to‑suit delivered November 2020; designed as a 15‑year single‑tenant lease
