$1,835,000 USD
605-941-3721
2236 US Highway 41 N
Henderson, KY 42420
Henderson North End
HIGHLIGHTS
- Long-Term Lease Remaining – Tasty Chick’n Midwest, LLC has approximately 19 years remaining on the lease term, offering durable
- Strong Franchise Guarantee – The lease is fully guaranteed by Tasty Chick’n, LLC, a 145 unit operator and subsidiary of Tasty Restaurant Group
- Absolute Triple Net (NNN) Lease – The lease is structured as an absolute NNN, with the tenant responsible for all insurance, utilities, taxes, repairs
- Attractive Rent Increases (1.50% Annually) – The lease includes 1.50% annual rent increases, providing built-in income growth and an effective hedge
- Dominant Retail Positioning – The Property is prominently positioned at the entrance to the highly trafficked Audubon Village Shopping Center
- High Traffic Exposure – The site is located just off U.S. Highway 41, a major north–south arterial corridor with traffic counts exceeding 37,800 VPD
FOR SALE DETAILS
PRICE
$1,835,000 USD
PRICE/SF
$627 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KFC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
COMMERCIAL
APN/PARCEL ID
65B-50
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605-941-3721
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605-941-3721
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