40 ABERDEEN DR Glasgow KY 42141

Marcus & Millichap is pleased to present Amneal Pharmaceuticals, a net leased single tenant industrial property located at 40 Aberdeen Drive, Glasgow, Kentucky. Amneal Pharmaceuticals occupies 100% of the 105,800 square foot building which includes an additional 30,000 (estimate) square foot mezzanine floor. In 2014, Amneal Pharmaceuticals took over an existing lease and extended for an additional four years for a total remaining lease term of eight years. The lease features attractive two percent annual increases throughout the base term with five percent increases in each of the two, five-year renewal options. The roof on the warehouse space was recently renovated with over $120,000 in repairs and the roof on the office space was completely replaced in 2015. The Tenant also invested $250,000 for high end flooring throughout the entire warehouse. The property features an industrial elevator for access to the mezzanine space as well as conveyor belts throughout the premises.

Amneal Pharmaceuticals, headquartered in Bridgewater, NJ, was founded in 2002 and manufactures, markets and/or distributes more than 94 drugs in the United States. With manufacturing, R&D, packaging, sales and distribution facilities throughout the U.S., as well as abroad, Amneal has quickly grown to become a formidable player in the generics industry. Today, Amneal ranks as the seventh largest generic manufacturer in the United States, by prescription volume, and is the fastest-growing global generics company according to IMS Health. The company now has more than 4,000 employees with offices in Australia, Europe and Asia.

Glasgow, KY is located in Barren County, Kentucky. Located less than 100 miles from Nashville and Louisville and within 600 miles of 43% of the entire U.S. population, Glasgow KY is a hub of growth for business of all sizes.

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