520 Lyndon Ln - Drug Store FOR SALE


Louisville, KY 40222- Lyndon
$6,935,100 USD
203-887-8797
520 Lyndon Ln, Louisville, KY for Sale
$6,935,100 USD
Drug Store - FOR SALE
1/2
null | 8.07% Cap Rate

520 Lyndon Ln
Louisville, KY 40222
Lyndon


HIGHLIGHTS

  • Original 20-Year Lease – Triple Net Structure
  • Excellent Corporate Guaranty
  • Exceptional Assumable Debt

OVERVIEW

NNN Pro and Bang Realty are pleased to present the exclusive listing for a Walgreens located at 520 Lyndon Lane, Lyndon, KY. The site consists of roughly 15,134 rentable square feet of building space on an estimated 1.84-acre parcel of land. This Walgreens is subject to a 20-year Triple Net (NNN) lease, which commenced 10/6/2001. The current annual rent is $560,000.

FOR SALE DETAILS

PRICE

$6,935,100 USD

PRICE/SF

$455 USD /SF

CAP RATE

8.07%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | 3.10% Assumable Financing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

CROSS STREETS

New La Grange Rd

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

C1-COMMERC

APN/PARCEL ID

026001740000

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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