INDUSTRIAL REAL ESTATE INVESTMENT OPPORTUNITY GATEWAY BOULEVARD HEBRON, KENTUCKY
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1 INDUSTRIAL REAL ESTATE INVESTMENT OPPORTUNITY GATEWAY BOULEVARD HEBRON, KENTUCKY
2 GROUNDBREAKING OPPORTUNITIES Dear Investors, Brokers and Developers, Corporex Companies is very pleased to present a Groundbreaking Industrial Real Estate Investment Opportunity. Forty-four (44) acres of prime industrial land is available for sale in the Greater Cincinnati/Northern Kentucky market. This land is located in the airport submarket where industrial vacancy is approximately 5.3%. This market is also referred to as the e-commerce hub of the Midwest. It is an excellent location for local, regional and national distribution. These sites are situated: Adjacent to the Greater Cincinnati/Northern Kentucky International Airport and its DHL Hub 120 miles from FedEX Hub (in Indianapolis) 100 miles from UPS Hub (Louisville) The land is located in the Gateway International Business Park, an investment-grade quality park, with protective covenants and high quality tenants. All of the land is flat, zoned, utilities are to the site, and located within a municipality conducive to business. Based on the lack of existing industrial space in this market and optimal location, this land is a great opportunity for a speculative industrial development. This opportunity is being offered to the market at a price of $89,000 per acre. Enclosed you will find more detailed information on the land sites including several conceptual development plans for this land. Please do not hesitate to contact me with questions or additional information. Sincerely, Arli Schuermann Corporex Companies aschuermann@corporex.com
3 THE MARKET WA MT ND ME OR ID WY SD MN WI MI NY VT NH MA CT RI CA NV UT CO NE KS IA MO IL IN OH KY WV PA MD VA NJ DE AZ NM OK AR TN NC SC MS AL GA TX LA FL Site Specifications Located Within: 600 miles of over half the U.S. population 53% of the country s manufacturing firms 54% of the U.S. purchasing power 57% of the nation s value-added by manufacturing In Addition: An accessible international airport Superior telecommunications and other business support services State incentives and tax programs So many outstanding quality of life amenities that the Greater Cincinnati/N. Kentucky area was named as America s Most Liveable City Minneapolis 94 IA Des Moines St. Louis MO AR WI Milwaukee 55 Chicago Lake Michigan MI 69 Detroit Cleveland Columbus Indianapolis OH IL 74 Cincinnati 70 IN 64 Louisville Lexington 100 MILES KY Nashville Knoxville 40 TN 300 MILES 65 Memphis AL MS 59 Atlanta GA Birmingham 500 MILES 71 Toronto Lake Erie WV PA Pittsburgh SC Lake Ontario VA NC 90 Albany NY Phila MD DE Washington D Norfo UPPER MIDWEST
4 THE MARKET Transportation Air Cincinnati/Northern Kentucky International Airport (CVG) located in the heart of the region, offers approximately 200 daily flights 70 non-stop destinations and international non-stop air service to Paris, Toronto, Montreal, Punta Cana, and Cancun Five major metro airports are located within a two hour drive Interstate Four major interstate highways intersect in the immediate area: I-75, I-71, I-74, and I % of the population is located within 600 miles 20 major metropolitan areas are within a day s driving time 30 additional markets are within second-day service Rail Mainline services for CSX and Norfolk Southern Railroads and the Cincinnati Intermodal Yard More than 175 miles of mainline trackage serving the local industry Workforce Companies take full advantage of one of the areas greatest assets, a motivated, productive and cuttingedge workforce Greater Cincinnati has a civilian labor force approximately 200,000 of the region s 1.1 million, that produce almost 2% more output per dollar in wages than the national average. This workforce has a productivity rate 10% above the national average. There are more than 300 colleges and universities within a 200-mile radius of Greater Cincinnati USA. Greater Cincinnati is home to University of Cincinnati, Xavier University, Gateway Community and Technical College for Advanced Manufacturing, Cincinnati State Technical and Community College, Thomas More College, and Northern Kentucky University s College of Information Science. Infrastructure Low-Cost Utilities State-of-the-Art Telecommunications
5 INDUSTRIAL LAND OPPORTUNITY GATEWAY INTERNATIONAL BUSINESS PARK HEBRON, KENTUCKY SITE INDIANA 275 Cincinnati 275 OHIO SITE CVG 71 KENTUCKY
6 INDUSTRIAL LAND OPPORTUNITY GATEWAY INTERNATIONAL BUSINESS PARK HEBRON, KENTUCKY 237 Lot ACRES Lot ACRES 237 Petersburg Rd 20 North Bend Rd Conrad Ln Gateway Cincinnati/Northern Kentucky International Airport
7 GATEWAY INTERNATIONAL BUSINESS PARK CONCEPTUAL DEVELOPMENT PLAN LOT 1 Great options for: 140,000 SF 278,000 SF Single-Tenant Build-to-Suit or a Speculative Warehouse/Distribution Site Area: Current Zoning: Protective Covenants: Utilities: Lot Acres Industrial One / Planned Development In place To the Site ZUMBIEL LOT ACRES ZONING: I-1/PD ZUMBIEL SITE LOT ACRES ZONING: I-1/PD
8 GATEWAY INTERNATIONAL BUSINESS PARK CONCEPTUAL DEVELOPMENT PLAN LOT 1 This conceptual plan shows two speculative warehouses and how they could potentially be subdivided. The potential options for demising each building yield the following spaces: 53,675 SF 69,500 SF 107,350 SF 139,000 SF These buildings will be able to capture any user who requires 278,000 SF or less. Site Area: Current Zoning: Protective Covenants: Utilities: Lot Acres Industrial One / Planned Development In place To the Site ZUMBIEL LOT ACRES ZONING: I-1/PD SITE LOT ACRES ZONING: I-1/PD
9 ZUMBIEL GATEWAY INTERNATIONAL BUSINESS PARK CONCEPTUAL DEVELOPMENT PLANS LOT 2 Single Building - 183,900 SF Multiple Buildings - 70,000 SF and 59,750 SF SITE Site Area: Lot Acres Current Zoning: Industrial One / Planned Development ZUMBIEL LOT ACRES ZONING: I-1/PD Protective Covenants: Proposed Uses: In place Distribution, Assembly, Manufacturing Utilities: To the Site LOT ACRES ZONING: I-1/PD
10 For More Information Arli Schuermann E. RiverCenter Boulevard, Suite 1100, Covington, Kentucky
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