Amazon Last Mile Distribution Facility

7435 Industrial Road, Florence, KY
Deal Type:
Net Lease
Current Rent:
$2,532,342
Lease Type:
NNN*
Landlord Responsibilities:
Refer to OM
Lease Expiration Date:
Approx. 10.5 years
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
123,769 SF
Rent Increases:
2.0% Annual
Site Size:
± 27 Acres
  • amazon last mile stream capital partners
  • amazon last mile stream capital partners
  • amazon last mile stream capital partners
  • amazon last mile stream capital partners

*LL is responsible for capital replacements under the lease. Brand new facility and warranties in place will be transferred to the buyer at close. All wear and tear maintenance is passed through to the tenant and a buyer is able to charge a management fee.

Investment Highlights

  • Passive Lease Structure: Over 10 years remaining, corporately guaranteed by Amazon.com Services LLC (S&P AA). Annual increases and management fee protect against inflation.
  • State-of-the-Art Delivery Facility: Newly constructed in 2022 with warranties for capital replacements. Features include 32′ clear heights, ample parking (including 185 electric van parking spaces) and concrete tilt-up construction.
  • Prime Location in High-Demand Hub: Located in Cincinnati/Northern Kentucky, a major logistics market with access to key highways, an international airport, and a low-cost workforce.
  • Logistics Powerhouse: Positioned within 600 miles of 65% of the U.S. population and home to over 100 logistics companies, supported by low Boone County taxes.
  • Integral to Amazon’s Operations: Opened in summer 2024, this facility is critical to Amazon’s logistics, and the tenant is fully utilizing the space.

Listing Agents

phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 6101 541
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]

Adam Baxter

Vice President
205 394 3520
[email protected]

Cooperating Broker: Brian Brockman, Bang Realty, Inc | KY License: #204982

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