317-432-0943
7050 New Buffington Rd, Florence, KY for Sale
Warehouse - FOR SALE
1/14
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7050 New Buffington Rd
Florence, KY 41042


HIGHLIGHTS

  • Copy Link to Download Offering Memorandum: https://www.pcplistings.com/listings/7050elsmere/
  • 100% NNN long-term leased Class A+, cross dock industrial property with 9+ years of remaining lease term & strong 3.25% avg. annual rent increases
  • Located Within the Highly Desirable Florence/Elsmere Submarket of Northern Kentucky

OVERVIEW

The Offering Opportunity to acquire 100% NNN long-term leased Class A+, cross dock industrial property with 9+ years of remaining lease term and strong 3.25% avg. annual rent increases – strong, stable cash flow. 583,858 SF is leased to WIN.IT, an established integrated supply chain provider for cross-border e-commerce (their Flagship Facility in the Midwest). WIN.IT has made interior improvements valued at over $100 million dollars into the facility which is equipped with advanced automation technology that enables same-day fulfillment for approximately 95% of orders. This high efficiency, U.S.-based operation supports major e-commerce platforms such as eBay, TikTok Shop, and Temu—reducing reliance on direct-from-China shipping and enhancing supply chain resilience. In-place rent is currently approximately 8% below market and has strong 3.25% avg. annual rent escalations. The lease includes one (1), five (5) year renewal options at fair market value with a minimum 1-year notice provision. The tenant is an established integrated supply chain provider (3PL) for cross-border e-commerce that has demonstrated long-term commitment to the U.S. market through significant domestic investment since 2013. Investment Highlights — Irreplaceable In-Fill Location with unmatched access to labor, housing, and overall proximity to the interstate and airport. Located Within the Highly Desirable Florence/Elsmere Submarket of Northern Kentucky – Tightest Submarket- 0.0% Vacancy Rate. The Northern Kentucky submarket was far and away the best performing submarket in Cincinnati in Q4 2025 – responsible for 2.06 million SF (58%) of the 3.57 million SF of Leasing Activity. The Florence/Elsmere Submarket is currently at 100% Occupancy which bodes very well for Strong Rental Growth. — 40’ Clear Height, (59) Existing Dock High Doors (9’x10’) - two vision panels in each dock door (Expandable up to 127), and Two (2) Drive-In Doors (14’x16’). State-of-the-Art Features Meet the Current and Future Demands of High-Flow Logistics and Manufacturing Operations — Located within a Premier Multi-Phase Industrial Park - home to Chick-Fil-A, Niagara Bottling, L’Oreal, Diversey (A Solenis Company), FUN.com, Graham Packaging and others. — C5 Airport East Logistics Center also benefits from an immediate strong labor market and a 30-Year PILOT tax abatement (Over 60% in Tax Savings). — One Day Truck Drive to Majority of U.S. Population from Cincinnati- Occupiers can easily access all Midwestern markets from this proven, centrally located e-commerce hub.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

UTILITIES

-

CLEAR CEILING HT

40 Ft

DOCKS

61

DRIVE INS

2

PARKING SPACES

525

LAND DETAILS

LAND ACRES

40.16

LAND SF

1,749,370

ZONING

LI

APN/PARCEL ID

005-30-00-003.00

ASK ABOUT THIS PROPERTY

Kevin FoleyCBREMore Info
317-432-0943

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Kevin FoleyCBREMore Info
317-432-0943

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