Cincinnati Commercial Market

Northern Kentucky South

Industrial • Distribution • Office • Retail

Market Overview

About Northern Kentucky South

Southern Northern Kentucky — including Florence, Burlington, Erlanger, and the CVG Airport corridor — is one of the region's fastest-growing commercial markets, anchored by logistics, distribution, and Amazon's massive air hub.

2.8%

Vacancy Rate

$7.25/SF NNN

Avg Asking Rent

6.2%

Avg Cap Rate

20M SF

Total Inventory

Market Intelligence

Market Insights

NKY South is the region's industrial powerhouse, driven by CVG Airport's air cargo operations and Amazon's $1.5B air hub investment. Florence and Burlington command premium industrial rents with vacancy rates among the lowest in the Midwest.

Investment Thesis

Opportunities

Logistics and distribution facilities near CVG, build-to-suit manufacturing, flex/R&D space for technology tenants, and retail development serving the fast-growing Boone County population. Kentucky incentives add to the investment thesis.

Key Locations & Landmarks

📍CVG Airport / Amazon Air Hub

📍Florence industrial parks

📍Burlington business corridor

📍Erlanger technology center

📍Turfway Park redevelopment

📍I-71/I-75 logistics spine

Major Employers & Anchors

🏢Amazon Air Hub

🏢DHL Express

🏢Fidelity (Florence)

🏢Toyota (nearby Georgetown)

🏢St. Elizabeth Hospital

🏢Florence Mall

Available Properties

Featured Listings

FOR SALE $2,450,000

450 Main Street

Office • 12,500 SF

Class A office building with recent renovations

FOR LEASE $22/SF NNN

1200 Vine Street

Retail • 3,200 SF

Prime street-level retail with high foot traffic

FOR SALE $4,200,000

875 Reading Road

Multifamily • 24 Units

Stabilized apartment building, 96% occupied

View All Listings

Explore Northern Kentucky South Opportunities

Ready to invest, lease, or sell in Northern Kentucky South? Our team delivers market intelligence and deal execution across all commercial asset classes.

Schedule a Consultation