416 US 31W Byp - Auto Repair FOR SALE


Bowling Green, KY 42101
$1,100,000 USD
203-253-5966
416 US 31W Byp, Bowling Green, KY for Sale
$1,100,000 USD
Auto Repair - FOR SALE
1/9
null | 7.66% Cap Rate

416 US 31W Byp
Bowling Green, KY 42101


HIGHLIGHTS

  • Metal roof & masonry structure on concrete slab with three 12’ x 12’ roll-up doors and 13’ clear height
  • 123' of frontage with pylon on one of Bowling Green’s busiest and most vital multi-lane corridors, circling the southern half of the city (19,500 vpd)
  • Healthcare and university demand – Proximity to The Medical Center and Western Kentucky University ensures steady demand.
  • Bowling Green, KY - Ranked #1 in U.S. for economic development (pop. under 200K) in 2024 and 2025 by Site Selection Magazine
  • Direct ingress/egress from one of the hospital’s primary entrances, currently undergoing a $145M+ expansion including a new five-story patient tower

OVERVIEW

Stable, income-producing asset with future upside – Anchored by a long-term lease with a nationally recognized franchise, and additional value potential through re-leasing of Tenant #2 at market rents. Tint World recently executed a new 10-year lease at market rates. Guaranteed by a 15-year franchisee and a nationally recognized brand, offering the Buyer a secure, long-term income stream. Tenant #2 occupies 21% of the rentable square footage and is currently paying below-market rent. The lease expires in September 2026, providing near-term opportunity to capture increased cash flow through lease-up at market rates. INVESTMENT OVERVIEW Rentable SF: 4,075 SF Number of Tenants: Two Occupancy: 100% Net Operating Income (NOI): $84,244 Cap Rate: 7.66% Tenant 1: Tint World Lease Details: Rentable SF: 3,200 SF Lease Term: 10-Years Renewal Option: One (1) 5-Year Option Annual Escalations: 3% Lease Type: NNN Guarantee: Personal Guarantee by 15-Year Franchisee Tenant 2: B & C Vending Overview: B & C Vending is a vending services provider based in South Central Kentucky, operating primarily out of Scottsville and Bowling Green. Lease Details: Rentable SF: 875 SF Lease Expiration: 09/2026 Annual Escalations: 3% Lease Type: Modified Gross (MG) NOI: $12,000

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

7.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

undefined, Freestanding, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

Highway Business

APN/PARCEL ID

051B-02-003

ASK ABOUT THIS PROPERTY

Anthony RubinoLandmarc CommercialMore Info
203-253-5966

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Anthony RubinoLandmarc CommercialMore Info
203-253-5966

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