8513 US Highway 42 - Bank FOR SALE
Florence, KY 41042 |
8513 US Highway 42
Florence, KY 41042
HIGHLIGHTS
- NNN lease with sole landlord responsibility being maintenance of roof and structure
- Strong regional bank that has 47 branch locations
- Strong visibility and traffic counts (35,285 VPD) along US-42
- Tenant has no contractual renewal options and are paying below market rent
- Build-To-Suite building meeting tenant’s exact specifications
- 10% rental increase in 2028
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Republic Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
3500
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
062.00-42-002.00
