800 Flint Ridge Rd - Service Station FOR SALE


Horse Cave, KY 42749
$10,377,000 USD
714-393-2552
800 Flint Ridge Rd, Horse Cave, KY for Sale
$10,377,000 USD
Service Station - FOR SALE
1/10
null | 5.25% Cap Rate

800 Flint Ridge Rd
Horse Cave, KY 42749


HIGHLIGHTS

  • Investment-Grade Tenant | Internet-Resistant, Recession-Resilient Business Model
  • Under Construction | Estimated Delivery & Rent Commencement
  • Interstate 65 Corridor | Tourism Driven Demand | Limited Direct Competition

OVERVIEW

SRS Capital Markets is pleased to present the opportunity to acquire the fee simple interest in a brand new, absolute NNN leased Speedway interstate travel center strategically positioned at Exit 58 along Interstate 65 in Horse Cave, Kentucky. The Property is leased to 7-Eleven, Inc. (dba Speedway) under a newly executed 15-year corporate lease with five (5), five-year renewal options, signed by the corporate entity, 7-Eleven, Inc. (S&P: A-), with zero landlord responsibilities. The lease features 7.5% scheduled rental increases every five years and was developed utilizing 7-Eleven’s latest large-format prototype design.

FOR SALE DETAILS

PRICE

$10,377,000 USD

PRICE/SF

$2,151 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Speedway | 7-Eleven Corp Guaranty

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

5.28 AC

LAND SF

229,997 SF

ZONING

B-2

APN/PARCEL ID

046-00-00-079.00

ASK ABOUT THIS PROPERTY

Joe ChichesterSRS National Net LeaseMore Info
714-393-2552

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Joe ChichesterSRS National Net LeaseMore Info
714-393-2552

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