12954 Fountain Run Rd - Industrial FOR SALE


Fountain Run, KY 42133
$12,525,000 USD
952-221-8067
12954 Fountain Run Rd, Fountain Run, KY for Sale
$12,525,000 USD
Industrial - FOR SALE
1/23
null | 8.01% Cap Rate

12954 Fountain Run Rd
Fountain Run, KY 42133


HIGHLIGHTS

  • Recently Lease Extension - 10+ year term recently extended through July 2036
  • Attractive Pricing - $12,525,000 asking price reflecting an 8.00% cap rate
  • Rent Growth - 3% annual rent escalations
  • Absolute Net Lease Structure - Zero landlord responsibilities
  • Mission-Critical Facility - Significant tenant improvements and three prior building expansions (2012, 2017 and 2022)
  • Tenured Occupancy - APACE Packaging has operated continuously at this location since 2005

OVERVIEW

Colliers is pleased to present the exclusive opportunity to acquire a single-tenant, absolute net leased industrial facility comprising 129,388 square feet on 15.01 acres. The property is 100% occupied by APACE Packaging, an established pharmaceutical packaging company with a demonstrated long-term commitment to the site and substantial capital invested in facility-specific improvements and operations. The offering represents a compelling passive investment opportunity, underpinned by mission-critical real estate, a recently extended long-term lease, and a tenant who has initiated three building expansions and nearly two decades of continuous occupancy at the location. The absolute net lease structure eliminates landlord responsibilities, providing investors with predictable, management-free cash flow.

FOR SALE DETAILS

PRICE

$12,525,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

2

PARKING SPACES

106

LAND DETAILS

LAND ACRES

15.01

LAND SF

653,836

ZONING

-

APN/PARCEL ID

05-25.06,05-25.07,05-26

ASK ABOUT THIS PROPERTY

Andrew LubinskiCBRE, Inc.More Info
952-221-8067

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Andrew LubinskiCBRE, Inc.More Info
952-221-8067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.