300 Lincoln Dr - Fast Food FOR SALE


Hodgenville, KY 42748
$1,913,000 USD
980-498-3293
300 Lincoln Dr, Hodgenville, KY for Sale
$1,913,000 USD
Fast Food - FOR SALE
1/5
null | 5.75% Cap Rate

300 Lincoln Dr
Hodgenville, KY 42748


HIGHLIGHTS

  • NEW CONSTRUCTION
  • EXPERIENCED FRANCHISEE
  • STRATEGIC REGIONAL CORRIDOR

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - 10% rent increases every 5 years and in option periods - Abs. NNN providing zero landlord responsibilities - Long 20 year term with 16 years remaining and 20 years of extensions EXPERIENCED FRANCHISEE - Operates 150+ Taco Bell and Dunkin’ locations nationwide - Large-scale franchisee of this size benefits from diversified revenue across hundreds of stores - Taco Bell generates $15B+ in US systemwide sales annually ranking them among the top-performing quick-service restaurant concepts by unit volume REGIONAL ECONOMIC INVESTMENT - Kentucky has secured $30B+ in private sector investment commitments since 2020 - Significant growth concentration in central Kentucky coming from manufacturing and distribution sectors - State unemployment rate remains near historic lows STRATEGIC REGIONAL CORRIDOR - Positioned along Lincoln Pkwy (12,565 VPD) and south of Larue Middle School, High School and Hodgenville Elementary - approx. 57 miles south of Louisville and close proximity to I-65 NEW BUILD - 2021 built-to-suit with custom Taco Bell drive-thru - Favorable historical placer data for QSR tenants currently operating in the area CONSISTENT CONSUMER DEMAND - Within a 5-mile radius the property serves 8,509 residents with average households incomes of $68,374 - QSR accounts for ~50% of total US restaurant traffic

FOR SALE DETAILS

PRICE

$1,913,000 USD

PRICE/SF

$905 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C

APN/PARCEL ID

030050100603

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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