507 Rushing Way Rd - Restaurant FOR SALE
Murray, KY 42071 |
507 Rushing Way Rd
Murray, KY 42071
HIGHLIGHTS
- 15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow
- 1.25% Annual Rent Increases With Four (4) x Five (5) Year Options to Renew
- Tenant is a Multi-Store Operator With Over 10 Years of Experience in the Quick Service Restaurant Business
- Population of Over 31,417 Residents With an Average Household Income of $50,110 Located Within a 5-Mile Radius
- In Close Proximity to Murray State University, Roy Stewart Stadium, Central Park and Murray County Parks & Recreation
- Surrounded By Residential Housing Such as Greenspace Apartments, Live Oak Apartments, Regents Residence and Station 74 Apartments
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Fazoli's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
2800
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
76
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
041-0-0098_1
