376 Big Hill Ave - Auto Repair FOR SALE


Richmond, KY 40475
$3,111,111 USD
513-300-0763
376 Big Hill Ave, Richmond, KY for Sale
$3,111,111 USD
Auto Repair - FOR SALE
1/3
null | 6.75% Cap Rate

376 Big Hill Ave
Richmond, KY 40475


HIGHLIGHTS

  • Stong Corporate Guarantee
  • Strong Growing Demographics
  • Proximity to Eastern Kentucky University
  • Proximity to Baptist Health Richmond

OVERVIEW

Surmount and Bang Realty are pleased to present the exclusive listing for a Main Street Auto located at 376 Big Hill Ave, Richmond, KY 40475. The site consists of roughly 7,405 rentable square feet of building space on an estimated 0.61-acre parcel of land. This Main Street Auto is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $210,000 and has scheduled increases of 2.00% annually starting 3/1/2031.

FOR SALE DETAILS

PRICE

$3,111,111 USD

PRICE/SF

$420 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

-

APN/PARCEL ID

R011-0001-0005

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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