1224 Carter Ave - Restaurant FOR SALE
Ashland, KY 41101 |
1224 Carter Ave
Ashland, KY 41101
HIGHLIGHTS
- Brand new 20-year Absolute NNN Lease with RARE 2% annual rental increases starting in the 5th lease year (May 1, 2027)!
- Bob Evans Restaurants, LLC operates ±439 locations
- Successfully open & operating for decades with a convenient Downtown/ infill location with high barriers to entry!
- Well-positioned on a large ±1-acre lot on Carter Ave, between 12th & 13th St (Hwy 60)
- Traffic counts exceed 25,020 CPD!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 57,986 | Average Household Income (1-MI): $77,228
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
BOB EVANS - ASHLAND, KY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Bank, Fast Food, Storefront
TOTAL BUILDING SIZE
5617
STORIES
1
YEAR BUILT
1987
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
030-15-13-001.00
