3393 Madison Pike - Fast Food FOR SALE


Ft Wright, KY 41017
$1,100,000 USD
513-382-8717
3393 Madison Pike, Ft Wright, KY for Sale
$1,100,000 USD
Fast Food - FOR SALE
1/5
null | 5.85% Cap Rate

3393 Madison Pike
Ft Wright, KY 41017


HIGHLIGHTS

  • Great Location on Busy Highway and Interchange
  • Long Established Location
  • Busy Retail Corridor.
  • All 72 Stores are in 1 Corporate LLC.

OVERVIEW

Arby's NNN (Bite Size Price!) Long Established Location Great location at Highway Interchange. I 275 and Madison Pike Ft. Wright, KY. NNN Sale Leaseback New 20 year lease with 4 5 Year Options 7% Rent escalations every 5 years. Long Time Arby's Franchisee (50+ years) 72 + stores in 7 States. And Growing! Located in Growing Northern, KY area. Across from Walmart in Retail Area.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$405 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,541 SF

ZONING

-

APN/PARCEL ID

042-40-00-002.03

ASK ABOUT THIS PROPERTY

Chip SudbrackSudbrack Kron Commercial Real Estate ServicesMore Info
513-382-8717

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Chip SudbrackSudbrack Kron Commercial Real Estate ServicesMore Info
513-382-8717

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