2525 US Highway 41 N - Fast Food FOR SALE


Henderson, KY 42420- Henderson North End
$1,000,000 USD
408-510-9057
2525 US Highway 41 N, Henderson, KY for Sale
$1,000,000 USD
Fast Food - FOR SALE
1/3
null | 6% Cap Rate

2525 US Highway 41 N
Henderson, KY 42420
Henderson North End


HIGHLIGHTS

  • Part of a 9-Property Subway Portfolio Across Henderson, Owensboro, and Morganfield, KY, Available Together or Individually
  • New 15-Year Absolute NNN Lease Commencing at Close of Escrow w/ Zero Landlord Responsibilities
  • Backed by a High Net Worth Personal Guaranty for Added Credit Security
  • 10% Rent Increases Every 5 Years Plus Four (4) Five-Year Renewal Options for Up to 20 Additional Years
  • Freestanding Subway Drive-Thru, High-Quality 2009 Construction on ±0.55 Acres
  • Positioned Along U.S. 41 (±41,000 VPD) Near Walmart Supercenter, National Retailers, and the Henderson City-County Airport

OVERVIEW

Marcus & Millichap is pleased to present a freestanding Subway drive-thru located along the U.S. 41 corridor at 2525 North Highway 41 in Henderson, Kentucky, one of the area's most active commercial and commuter routes carrying approximately 41,000 vehicles per day. The property will be secured by a brand-new 15-year absolute NNN lease commencing at close of escrow, offering investors zero landlord responsibilities and fully passive income backed by a High Net Worth Personal Guaranty. The ±1,947 SF building sits on a ±0.55 acre lot with excellent visibility, dedicated parking, and a drive-thru positioned to capture consistent quick-service traffic. Located near a Walmart Supercenter, national retailers, dining concepts, and the Henderson City-County Airport, the site draws from a stable base of local residents, workforce population, and regional travelers. With scheduled 10% rent increases every five years, four five-year renewal options, and the backing of one of the world's most recognized QSR brands, this offering provides predictable long-term cash flow in a growing western Kentucky riverfront market.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$529 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Subway w/ Drive Thru | 15yr NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

24,000 SF

ZONING

COMMERCIAL

APN/PARCEL ID

55B-163

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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