2960 W Parrish Ave - Storefront FOR SALE


Owensboro, KY 42301
$1,880,628 USD
812-320-8483
2960 W Parrish Ave, Owensboro, KY for Sale
$1,880,628 USD
Storefront - FOR SALE
1/3
null | 5.9% Cap Rate

2960 W Parrish Ave
Owensboro, KY 42301


HIGHLIGHTS

  • 7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease
  • Strategically Located Directly Off US Hwy 60/Wendell Ford Expressway as a Kroger Outparcel on W Parrish Avenue – the City’s Main East/West Artery
  • ½ Mile to Owensboro-Daviess County Regional Airport and the Area’s Newest 480-Acre Industrial Park, MidAmerica Airpark

OVERVIEW

7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options | Ten Percent Rental Increases Every Five Years and in Options Strategically Located Directly Off US Hwy 60/Wendell Ford Expressway as a Kroger Outparcel on W Parrish Avenue – the City’s Main East/West Thoroughfare | Adjacent to New Publix Supermarket Development Surrounded by National Retailers: Kroger, Publix, Tractor Supply Company, McDonald’s, Burger King, Publix, Goodwill, Advance Auto Parts, O’Reilly Auto Parts, Ollie’s Bargain Outlet, Little Caesar’s, Sonic, AutoZone, Ace Hardware, US Bank, Marathon and Others ½ Mile to Owensboro-Daviess County Regional Airport and the Area’s Newest 480-Acre Industrial Park, MidAmerica Airpark Owensboro is the Fourth-Largest City in Kentucky and the Principal City of the Owensboro MSA with a Population of 114,752. It is the Second-Largest City in the 30-County Tri-State Area Serving Over 900,000 Residents Owensboro is Booming with $414 Million in Investments and 700 New Jobs in 2024 | The City is Recognized as the Barbecue Capital of the World and Home to the Bluegrass Music Hall of Fame & Museum

FOR SALE DETAILS

PRICE

$1,880,628 USD

PRICE/SF

$550 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arby's | Owensboro, KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

Commercial

APN/PARCEL ID

004-15-01-015-00-000

ASK ABOUT THIS PROPERTY

Damien YoderMarcus & MillichapMore Info
812-320-8483

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Damien YoderMarcus & MillichapMore Info
812-320-8483

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