You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $9,595,000
Warehouses

7435 Industrial Rd Florence, KY 41042-2975

12.49 ac lot Built 1969
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-0652955
Property summary
AI-generated overview

This exceptional investment opportunity presents a 123,769-square-foot Class A distribution facility in Florence, Kentucky. The property, built in 2022, is situated on 27 acres and boasts a 32-foot ceiling height, 11 loading docks, and ample parking, including space for 185 electric vans. Currently 100% occupied by Amazon under a triple-net (NNN) lease with a credit-rated tenant, the lease extends until November 29, 2034, offering a remaining term of over 10 years. The lease includes a 2% annual rent bump, providing inflation protection. The property benefits from a prime location in Boone County, Kentucky, offering easy access to Interstates 75 and 71, and proximity to the Cincinnati/Northern Kentucky Airport and Amazon Prime Air Hub. This strategically located facility is within 600 miles of 65% of the U.S. population, making it ideal for last-mile delivery operations. The current Net Operating Income (NOI) is $2,532,342. The lease structure is passive, with the tenant responsible for most maintenance and capital replacements. The property offers a rare opportunity to acquire a high-quality, strategically located asset with a long-term lease to a financially strong tenant. Lease options for extensions of 4 or 5 years are available. This is a turnkey investment with significant long-term value.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1969
Construction TYPE NOT SPECIFIED
Lot 12.49 ac (544,064 SF)
APN 073.00-00-036.00
UPID US34-0652955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.60M
Owner & transaction history
Fsi Dky9 LLC · 4 yrs held
Fsi Dky9 LLC
since 2021
Last sale
$7.5M
5 recorded transactions
2022
Price N/A
2021
$7.5M
2020
Price N/A
2020
Price N/A
2012
$1.6M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7435 Industrial Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message