KBC Capital Markets, as exclusive agent, is pleased to present the opportunity to acquire C5 Encore Logistics Center - Building 3 (the “Property”), a state-of-the-art, Class A distribution facility located at 414 Encore Drive in Cincinnati, Ohio. The Property comprises 538,525 square feet on 36.4 acres within a master-planned logistics park, strategically positioned just 1.5 miles from I-75 via a high-volume SPUI interchange. This premier location provides seamless access to both the Cincinnati and Dayton MSAs and places nearly 60% of the U.S. population within a two-day drive.
Completed in 2023, the Property was designed to modern institutional standards and features a 40-foot clear height, ESFR sprinklers, energy-efficient LED lighting with motion sensors, clerestory windows, and a white TPO roof. The cross-dock configuration includes 54 dock doors (52 with levelers and 2 without), along with 2 drive-in doors. It also provides for 48 future dock doors, 132 trailer stalls and 390 auto parking spaces.
The Property is fully leased to Amazon.com Services, LLC (S&P: AA) under a new NNN lease commencing in September 2025. The lease carries an initial 10-year term with four, 5-year renewal options at 100% FMV. Amazon has initiated plans for significant capital investments in HVAC, dock upgrades, and high-finish office build-out, signaling its long-term commitment to the site.
The investment is further enhanced by a 15-year, 75% real estate tax abatement. Positioned along I-75 between Cincinnati and Dayton, the Property offers direct access to one of the Midwest’s most dynamic logistics corridors.
INSTITUTIONAL QUALITY: 538,525 SF Class A distribution center with 40’ clear height, ESFR sprinklers, 7” slab, cross-dock design, 54 dock doors, 132 trailer stalls, and 390 auto spaces.
CREDIT TENANT: 100% NNN leased to Amazon.com Services, LLC (Fortune 2, AA credit), guaranteed by Amazon.com, Inc. (AA-, $2.53T market cap).
LONG-TERM CASH FLOW: 10-year lease, 2% annual bumps, four 5-year FMV renewals.
STRATEGIC LOCATION: Immediate I-75 access between Cincinnati & Dayton; 2-day delivery to 60% of U.S. population.
TAX ADVANTAGE: 15-year real estate tax abatement reduces operating costs and supports renewal likelihood.