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20224342
20224343

5012 Camp Ground Rd, Louisville, KY 40216

DP
MI MI 6502361821
Fortis Net Lease
RB
MI 6501323470
Fortis Net Lease
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Fortis Net Lease, Bang Realty
$12,720,000
633 days on market
Updated 5 days ago

Central Transport

Details
Property Type Industrial
Sub Type Distribution
Square Footage 48,850
Cap Rate 7.00%
NOI $890,400
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 04/29/2027
Rent Bumps Yes
Year Built 2000
Acreage 16.150
Zoning EZ1-ENTERP
Lease Commencement 12/30/2023
Loading Docks 100
Ownership Fee Simple

Industrial | 7.00% CAP | 48,850 SqFt

Marketing description

Fortis Net Lease is pleased to present an exceptional investment opportunity in the heart of Louisville, Kentucky. This pristine 40,850 SF office building, constructed in 2000, offers a prime location making it an ideal choice for office and office building investors. With a strategic position in the vibrant Louisville area, this property presents a promising prospect for those seeking to expand their commercial real estate portfolio. Boasting modern amenities and ample space, this building is poised to meet the needs of a wide range of businesses and tenants, ensuring a solid return on investment. Don't miss out on the chance to add this exceptional property to your investment portfolio!

Louisville, Kentucky, is a vibrant city located along the Ohio River, known for its rich history, cultural diversity, and Southern charm. As the largest city in Kentucky, Louisville is famous for its annual Kentucky Derby, the most celebrated horse race in the world, which draws visitors from all over to the historic Churchill Downs. The city is also home to the Louisville Slugger Museum & Factory, celebrating its long-standing connection to baseball, and the Muhammad Ali Center, which honors the life and legacy of the world-renowned boxer and humanitarian who was born and raised in Louisville.

Beyond its historical significance, Louisville boasts a thriving arts and culture scene. The city features numerous theaters, galleries, and live music venues, contributing to its reputation as a hub for creative expression. The downtown area has undergone significant revitalization, with the development of the NuLu district—a trendy area known for its art galleries, independent boutiques, and farm-to-table restaurants. The city's culinary scene, highlighted by its bourbon heritage, is also a major draw, offering everything from upscale dining to classic Southern comfort food.

Louisville’s economy is diverse, driven by industries such as healthcare, manufacturing, logistics, and education. The city is home to the University of Louisville, a major research institution, and several Fortune 500 companies, including Humana. Additionally, Louisville’s central location makes it a crucial logistics hub, with UPS Worldport being one of the largest package handling facilities in the world. Known for its warm hospitality, beautiful parks, and dynamic neighborhoods, Louisville continues to thrive as a modern Southern city with deep roots in tradition and innovation.

Investment highlights

  • Prime location in Louisville, Kentucky
  • Terminal Area: 40,000 SF, designed to handle high volumes of cargo and optimize operational workflows
  • Shop Area: 5,600 SF, equipped for maintenance and repair operations, ensuring peak performance and longevity of your fleet
  • Office Space: 3,250 SF of professional office space, facilitating administrative operations and management functions
  • Dock Doors: 100 dock doors, providing unparalleled capacity for loading and unloading, ensuring swift and efficient turnover
  • Bay Doors: 6 bay doors, providing extra versatility for various operations, including specialized loading and unloading tasks. These bay doors complement the dock doors by offering additional access points for diverse logistical needs
  • Built in 2000, Offering Contemporary Infrastructure
  • Zoned EZ1-ENTERP for Versatile Business Use
  • Versatile layout to suit various business operations

Listing Contacts

DP
MI MI 6502361821
Fortis Net Lease
RB
MI 6501323470
Fortis Net Lease
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by Fortis Net Lease, Bang Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$890,400.00
$74,200.00/mo

Valuation Metrics

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DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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EZ1 SpecialEnterprise Zone District
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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