Newly constructed, fully leased Class A warehouse totaling 284,000 square feet located in Louisville’s top industrial submarket.
Investment Rationale
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The Louisville industrial market benefits from its central location near irreplaceable transportation infrastructure and a vacancy rate of just 1.1% for larger buildings in the Southside/Airport submarket.
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The property is 100% leased to two tenants with weighted average lease term over five years.
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The building has all the modern amenities of a Class A industrial building, including 36-foot clear heights, dock doors and levelers, LED lighting, and HVAC throughout.
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The distribution center aligns well with JLL Income Property Trust’s goal to increase our allocation to high-quality, state-of-the-art industrial warehouses in select, primary transportation hubs.
Property Gallery
Location
![Louisville Airport Distribution Center Map 2 01](https://jllipt.imgix.net/uploads/properties/acquires-louisville-airport-distribution-center/map/Louisville-Airport-Distribution-Center-Map-2-01.jpg?auto=format%2C%20compress&ch=DPR&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&ixlib=php-3.3.1&w=400&s=d1c69d47079ec55ce737d13f764d2673)