2402 Allen Ln - Auto Repair FOR SALE


La Grange, KY 40031
$3,969,231 USD
614-334-7838
2402 Allen Ln, La Grange, KY for Sale
$3,969,231 USD
Auto Repair - FOR SALE
1/9
null | 6.5% Cap Rate

2402 Allen Ln
La Grange, KY 40031


HIGHLIGHTS

  • Brand-New 15-Year Lease – Minimal landlord responsibilities
  • Current Landlord Has Invested Over $1 Million Into the Space for Caliber Collision
  • 10% Rent Increases Every 5 Years – Including Renewal Options
  • High-Traffic Location – 0.5 miles from I-71 (50,600+ AADT)
  • Strategically Located in the Louisville MSA
  • Strong Corporate Guaranty (1,800+ Locations)

OVERVIEW

Brand-New 15-Year Lease Caliber Collision 15,000 SF Building on a 3.087 Acre Parcel Surrounded by National Retailers – Including Kroger, McDonald’s, Walmart, Tractor Supply Co., Valvoline, AutoZone, Dollar General, Walgreens, KFC, Taco Bell, and more

FOR SALE DETAILS

PRICE

$3,969,231 USD

PRICE/SF

$265 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

3.08 AC

LAND SF

134,165 SF

ZONING

I-1

APN/PARCEL ID

39-00-00-9S

ASK ABOUT THIS PROPERTY

Jake CarterEquity, LLCMore Info
614-334-7838

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Jake CarterEquity, LLCMore Info
614-334-7838

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