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Net Leased Industrial Portfolio
Asset ClassIndustrial
# Buildings9
Square Feet: 317,516Net Operating Income: $1.72 MillionAccess Data Room
9 Properties | Ohio, Kentucky & West Virginia
overview of deal

Overview

This offering features a fully leased portfolio of nine industrial assets totaling 317,516 SF across nearly 39 acres, strategically spread across nine cities and counties in Ohio, Kentucky, and West Virginia. Each property offers direct access to major roadways, supporting efficient logistics and distribution.

 

The entire portfolio is 100% leased to a third-generation HVAC distributor operating 11 ranches across four states (the seller owns nine of those eleven branch properties). In 2023, 2J Supply was acquired by Rheem Manufacturing Company, a global HVAC leader with approximately $6 billion in revenue (2022), bolstering the tenant’s operational strength and long-term stability.

 

The properties are purpose-built for the tenant’s business, with limited availability of similar industrial assets in these markets—supporting strong renewal probability and sustained occupancy. Backed by favorable HVAC market fundamentals and a globally supported tenant, this portfolio represents a compelling, income-secure investment opportunity.

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Portfolio Summary

CITY, STATE
COUNTY
NOI
SF
BUILT
ACRES
1527 Old Leonard Ave.
Columbus, OH
Franklin
$283,200
35,700
2020
5.68
4625 Poplar Level Rd.
Louisville, KY
Jefferson
$216,000
32,000
2015
4.05
1073 Industry Rd.
Lexington, KY
Fayette
$129,060
24,584
1964
1.29
14 Sunnybrook Dr.
Cincinnati, OH
Hamilton
$397,557
89,057
1973
5.29
1456 N. Keowee St.
Dayton, OH
Montgomery
$340,800
63,352
2020
11.35
602 Jackson Ave.
Huntington, WV
Cabell
$83,700
18,600
1974/2008
1.17
915 Industry Ave.
Lima, OH
Allen
$87,408
17,223
1996
1.80
1177 American Greeting Card Rd.
Corbin, KY
Laurel
$79,200
17,000
1979
4.18
3663 US-23
Piketon, OH
Pike
$105,000
20,000
2007
4.00
Total
-
-
$1,721,925
317,516
-
38.81
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Listing provided by Revere CRE