909 Broadway St - Freestanding FOR SALE


Beattyville, KY 41311
$1,117,000 USD
332-345-4308
909 Broadway St, Beattyville, KY for Sale
$1,117,000 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

909 Broadway St
Beattyville, KY 41311


HIGHLIGHTS

  • Triple Net (NNN) Lease Structure
  • Strategic Retail Corridor
  • Retail Hub Location
  • Strong Regional Accessibility
  • Consumer Spending Base
  • Limited Local Competition

OVERVIEW

Surmount and Bang Realty is pleased to present the exclusive listing for an Advance Auto Parts located at 909 Broadway Street, Beattyville, KY 41311. The site consists of roughly 7,000 rentable square feet of building space on an estimated 1.38-acre parcel of land. Advance Auto Parts is subject to a 30-year Triple Net (NNN) lease, which commenced 4/19/2007. The current annual rent is $83,790 and has scheduled increases of 10.00% At Start of Each Option Period.

FOR SALE DETAILS

PRICE

$1,117,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

039-20-04-013.03

ASK ABOUT THIS PROPERTY

Chris MullinSurmountMore Info
332-345-4308

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Chris MullinSurmountMore Info
332-345-4308

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