12954 Fountain Run Rd
Fountain Run, KY 42133

$12,525,000 USD

Industrial For Sale • 129,388 SF

Property Details

Property Type Industrial
Total Building Size 129,388 SF
Lot Size 15.01 AC
Building Class B
Year Built 1972
Tenancy Single

10 Walk Score

                
                    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