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13808248
15479629

135 W 38th St, Covington, KY 41015

JN
KY 206691, OH BRKP.2014003509 (+1)
CURO | BRKG
Listed by CURO | BRKG
Unpriced
1952 days on market
Updated 0 days ago

135 W 38th Street

Details
APN 056-14-11-006.00
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 146,000
Occupancy 100%
Class A
Year Built 2024
Buildings 1
Stories 1
Acreage 9.280
Zoning SI (Suburban Industrial)
Investment Type Stabilized
Ceiling Height 32
Loading Docks 2
Dock High Doors 16

Industrial Investment | 146,000 SF

Marketing description

135 W 38th Street represents a premier industrial investment opportunity within the Cincinnati MSA. Completed in January of 2024, this 146,000 square foot distribution facility was designed to meet today’s logistics and manufacturing requirements, featuring 32-foot clear heights, a 130-foot deep truck court, ESFR fire suppression, and energy-efficient LED lighting. The building’s modern construction and durable TPO roof—backed by a 15-year warranty—minimize near-term capital exposure for ownership.

PROPERTY DETAILS:

  • Square Footage: 146,000 SF

  • Clear Height: 32’

  • Dock doors: 16 + 16 additional knockouts

  • Drive-ins: 2 + 1 additional knockout

  • Year Built: January 2024

  • Tenants:

    • PPD Global Central Labs (Thermo Fisher, S&P: A-, Moody’s: A3)

    • Craftsmen By Design

    • GoGo Meds

Investment highlights

  • Tax Abatement: 75% real estate tax abatement (IRB)

  • 3 tenants

  • 2026 NOI: $1,195,000 ($8.18)

  • Annual Escalations: AVG. 3.0%

Listing Contacts

JN
KY 206691, OH BRKP.2014003509 (+1)
CURO | BRKG
Listed by CURO | BRKG

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Zoning

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SI IndustrialSuburban Industrial
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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