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580 Atlas Air Way, Erlanger, KY 41018

WR
OH 2018000453
CBRE - Cincinnati
ST
OH OH SAL.0000343272
CBRE - Cincinnati
CBRE - Cincinnati
Listed by CBRE - Cincinnati
Unpriced
2 days on market
Updated 2 days ago

580 Atlas Air Way

Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 100,061
NOI $1,717,398
Occupancy 100%
Tenancy Single
Lease Type NNN
Class A
Year Built 2020
Stories 3
Acreage 10.610
Parking Spaces 511 spaces
Parking Per SqFt 5.11

SINGLE TENANT NET LEASED BUILD-TO-SUIT MIDWESTERN HEADQUARTERS

Marketing description

CBRE Investment Properties has been exclusively retained by the owner to facilitate the fee simple sale of 580 Atlas Way, a 100,061-square-foot, three-story single tenant net leased build-to-suit office asset in Erlanger, Kentucky. The property is 100% leased to Atlas Air Worldwide with a corporate guaranty from Atlas Air Worldwide Holdings, a Apollo sponsored company. Constructed and delivered in November of 2020 as a 15-year single tenant build-to-suit, the Atlas Air Building is the Midwestern headquarters of Atlas Air. This location is a mission-critical headquarters asset specifically constructed and integrated with the Amazon Air hub operations centralized at the Greater Cincinnati/Northern Kentucky International Airport (“CVG”). Atlas Air is the leading global provider of outsourced aircraft and aviation operating services, and this location further strengthens its partnerships with industry leading logistics companies including Amazon. This net leased asset stands as an excellent opportunity to acquire a single tenant, Class A build-to-suit property in Cincinnati’s fastest growing e-commerce submarket.

Investment highlights

Net-Leased Build-to-Suit: Delivered Nov 2020 for Atlas Air; 15-year lease (10 years remaining) with annual rent increases, no termination options, and corporate guarantee

Prime Logistics Location: Adjacent to CVG Airport with strategic access to I-75/I-71 corridor for e-commerce and distribution

Mission-Critical Global Control Center: 24/7 operations hub monitoring global aircraft and logistics, serving as a core operational nerve center

Leading E-Commerce Submarket: Located in Northern Kentucky, a top regional hub with major operators like Amazon, DHL, UPS, and FedEx nearby

Strong Visibility: Positioned along I-75/I-71 with ~199,000 vehicles per day

Class A Facility + Expansion Potential: Built by Merus; offers on-site and adjacent parcel development opportunities for future growth

Amazon Air Hub Synergy: Near Amazon’s 3M+ SF CVG hub; strong operational ties with Amazon, a key Atlas Air client with equity alignment potential

Listing Contacts

WR
OH 2018000453
CBRE - Cincinnati
ST
OH OH SAL.0000343272
CBRE - Cincinnati
CBRE - Cincinnati
Listed by CBRE - Cincinnati

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$1,717,398.00
$143,116.50/mo

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Map

Zoning

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HC CommercialSpecial CommercialHighway Commercial
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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