133 Three Springs Rd - Restaurant FOR SALE


Bowling Green, KY 42104
$2,495,000 USD
813-967-6077
133 Three Springs Rd, Bowling Green, KY for Sale
$2,495,000 USD
Restaurant - FOR SALE
1/6
null | 7% Cap Rate

133 Three Springs Rd
Bowling Green, KY 42104


OVERVIEW

Boutique National is proud to offer this absolute net leased Bojangle’s in Bowling Green, KY. Bojangles currently dark but still paying rent and on hook until 2032. Potential they would want out of lease paying a fee allowing new tenant to be placed or a owner/operator. 7% Cap Rate Long term absolute net lease with 7% rent bumps every 5 years and Three 5 year renewal options Lease expires July 31, 2032 Current NOI $174,610 Aug 2027 rent of increases to $186,833.39 Largest and most successful franchisee in the chain 2016 construction at a high profile signalized intersection just off I-65 exit 22

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$655 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles'

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Hwy Commercial

APN/PARCEL ID

053A-02-002B

ASK ABOUT THIS PROPERTY

Nick Ganey, CCIMBoutique National LLCMore Info
813-967-6077

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Nick Ganey, CCIMBoutique National LLCMore Info
813-967-6077

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