1023 Paris Rd - Fast Food FOR SALE


Mayfield, KY 42066
$1,733,000 USD
650-279-5790
1023 Paris Rd, Mayfield, KY for Sale
$1,733,000 USD
Fast Food - FOR SALE
1/4
null | 5.5% Cap Rate

1023 Paris Rd
Mayfield, KY 42066


HIGHLIGHTS

  • Approximately 7.5 years remaining on absolute NNN leasde
  • 1.0% annual rent increases
  • Leased to one of the largest Taco Bell franchisees (K-MAC Enterprises) operating +340 locations

OVERVIEW

Newly constructed in 2013, there are approximately 7.5 years remaining on the absolute NNN lease that calls for 1.0% annual rent increases. The lease is signed by K-MAC Enterprises, who is one of the largest Taco Bell franchisees with 340+ restaurants. This Taco Bell is equipped with a long stacking drive thru lane and is situated down the street from the local high school and near other national retailers such as Wal Mart Supercenter, Lowe's Home Improvements, Tractor Supply just to name a few.

FOR SALE DETAILS

PRICE

$1,733,000 USD

PRICE/SF

$1,089 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Commercial

APN/PARCEL ID

210.00.11.011.00

ASK ABOUT THIS PROPERTY

Steve SauterMarcus & MillichapMore Info
650-279-5790

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Steve SauterMarcus & MillichapMore Info
650-279-5790

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.