637 S 2nd St - Storefront FOR SALE


Central City, KY 42330
$2,500,000 USD
270-293-8738
637 S 2nd St, Central City, KY for Sale
$2,500,000 USD
Storefront - FOR SALE
1/5
null | 6.5% Cap Rate

Aug '26


637 S 2nd St
Central City, KY 42330


OVERVIEW

Shown by appointment only. Please do not disturb the restaurant operation. This existing tenant ranks as the third-largest sandwich chain in the United States by market share and sales. It is positioned around the top 15 among all U.S. fast-food chains overall. It operates over 3,300 locations globally and is an excellent draw for this location. The convenience store closed in April of this year. It was open for 18 months. There is an additional 1.2 acres in the front of this property that can be purchased for $200,000.00 which would be ideal for expansion and truck parking. All CAM charges are split evenly with the tenant. Yearly property taxes based on a purchase price of $2,500,000.00 would be approx. $23,500.00. Public Remarks: This prime commercial opportunity is only a few hundred off of the I-69/Western Kentucky Parkway exit (#58) at Central City Kentucky which connects to US-431 / KY-70 (Drakesboro & Central City). The restaurant half of this building has a fresh ten year triple net lease which provides a 6.5% cap rate. The convenience store side has the majority of equipment and is ready to occupy. Directions: A few hundred off of the I-69/Western Kentucky Parkway exit (#58) at Central City Kentucky which connects to US-431 / KY-70 (Drakesboro & Central City). Latitude: 37.285416 Longitude: -87.115034

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$1,250 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Service Station, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

N/A

APN/PARCEL ID

142-03-01-012.000

ASK ABOUT THIS PROPERTY

Angie BogardProperty Investment SolutionsMore Info
270-293-8738

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Angie BogardProperty Investment SolutionsMore Info
270-293-8738

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