Kenton County, KY Industrial For Sale
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Address
Asking Price
1 & 4 Sandbank Road
Ludlow, KY
Lot Size:2.48Acres
Exceptional Industrial Investment Opportunity in Ludlow, Kentucky with Price Reduction & 10% Cap Rate.
The offering consists of two separate buildings on adjacent parcels, totalling over 5 acres. The larger building is 83,682 SF, and the smaller building is 24,332 SF. The tenant in both buildings is U.S. Nonwovens Corporation, a manufacturer of cleaning products such as Ajax Bleach, Dynamo Detergent, Oxydol, Final Touch, Turtle Wax, and others. Website: WWW.USNONWOVENS.COM. U.S. Nonwovens is in five continents and has 900 employees. They are a subsidiary of Wind Point Partners, a very large private equity company. Here is their link: WWW.WINDPOINTPARTNERS.COM.There is a separate lease for each building, but the leases are practically identical and are coterminous, and both expire on 10-31-24.
• Two buildings with the same tenant• 100% occupied by one tenant who has been in the building under varying names since 2004• Tight Greater Cincinnati/NKY industrial market boasts a 5% vacancy rate• Significant recent capital investments in the property by the owner including roof, lot and siding improvements• These improvements totalled approximately $500,000• 1 Sandbank Road - 83,682 SF• 4 Sandbank Road - 24,332 SF• Tenant produces soap and bleach based products for retail• Ample tenant infrastructure in building; i.e. machinery, electric, blending equipment etc.
$3,850,000
123 West 14th Street
123 W 14th St
Covington, KY
Building Size:8,400SF
$360,000
315 E 15th St
Covington, KY
Lot Size:3.01Acres
51,500 SF two-story warehouse available for sublease (Lease Expiration: October 2019). 25,750 SF on each floor – includes freight elevator, 3 dock doors, and 1 drive-in. $3.75/SF Full Service + Utilities.
$1,800,000
3000 Kustom Drive
3000 Kustom Dr
Hebron, KY
Lot Size:8.50Acres
Includes tilt up concrete panels, 175 total parking spaces (expandable to 48 spaces), 6” non-reinforced concrete slab, fully air conditioned
$6,000,000
1450 Dixie Highway
1450 Dixie Hwy
Park Hills, KY
Lot Size:1.18Acres
$459,000
313 Madison Pike
Erlanger, KY
Lot Size:5.31Acres
$1,400,000
8 West 7th Street
Covington, KY
Lot Size:0.10Acres
$300,000
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Market Stats
Kenton has 317 commercial real estate spaces for lease, representing 3,516,684 sqft space.
85 buildings are available for sale.
In the past 30 days, Kenton has had 46 spaces leased.
Metropolitan areas in Kenton County, KY
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