40 Town Hill Rd - Restaurant FOR SALE


Louisa, KY 41230
$2,160,000 USD
786-522-7062
40 Town Hill Rd, Louisa, KY for Sale
$2,160,000 USD
Restaurant - FOR SALE
1/7
null | 6.25% Cap Rate

40 Town Hill Rd
Louisa, KY 41230


HIGHLIGHTS

  • Brand New 2025 Construction
  • Long Term 20-YR NNN Lease with Four Additional, 5-YR Options to Renew
  • Backed by a National Brand

OVERVIEW

Marcus & Millichap is pleased to present a newly constructed 2025 Burger King located in Louisa, Kentucky. The property is secured by a new 20-year NNN lease featuring 7.5% rent increases every five years and four additional five-year renewal options. The asset is operated by a growing regional franchisee with a portfolio of nearly 500 locations nationwide. They were awarded the 2025 Burger King Franchisee of the Year. Outparcel to Louisa Plaza, nestled in the heart of the city. Positioned alongside U.S. 23 with direct on/off ramp access from KY-32 (Old U.S. 23) which sees nearly 10,000 vehicles per day.

FOR SALE DETAILS

PRICE

$2,160,000 USD

PRICE/SF

$1,180 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

334

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

-

APN/PARCEL ID

105-00-00-020.00

ASK ABOUT THIS PROPERTY

Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

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Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

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