3300 13th St - Fast Food FOR SALE


Ashland, KY 41102
$1,870,848 USD
330-777-1505
3300 13th St, Ashland, KY for Sale
$1,870,848 USD
Fast Food - FOR SALE
1/5
null | 6.25% Cap Rate

3300 13th St
Ashland, KY 41102


HIGHLIGHTS

  • Long Term Lease
  • Attractive Rent Increases
  • Zero Landlord Responsibilities
  • Premier Operator
  • Strategic Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a Dairy Queen located at 3300 13th Street in Ashland, KY (the “Property”). Dairy Queen signed a long-term, 20-year lease in 2019 that currently has over 13 years of term remaining and is followed by three (3), 5-year options. The lease calls for attractive 8% rent increases every five years throughout the base term and at the beginning of each renewal option. Dairy Queen is positioned along 13th Street, a well-traveled commercial corridor in Ashland with strong visibility and convenient ingress and egress. The site is located directly in front of a YMCA and near Paul G. Blazer High School, benefiting from consistent daily traffic generated by recreational, educational, and community uses. The Property also draws support from its proximity to King’s Daughters Medical Center, the region’s largest employer, and Ashland Town Center, the dominant regional shopping destination serving the Tri-State area of Kentucky, Ohio, and West Virginia. The location serves surrounding residential neighborhoods and the broader Ashland–Huntington market and is strategically situated with access to U.S. Route 60, U.S. Route 23, and Interstate 64, providing efficient connectivity throughout the region. Ashland is located along the Ohio River approximately 15 miles east of Huntington, West Virginia, and 125 miles northeast of Lexington, Kentucky.

FOR SALE DETAILS

PRICE

$1,870,848 USD

PRICE/SF

$531 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dairy Queen

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

COMMERCIAL

APN/PARCEL ID

023-05-12-001.00

ASK ABOUT THIS PROPERTY

Steven SchiavelloHorvath & TremblayMore Info
330-777-1505

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Steven SchiavelloHorvath & TremblayMore Info
330-777-1505

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