2230 Flemingsburg Rd - Fast Food FOR SALE


Morehead, KY 40351
$2,926,829 USD
305-308-2635
2230 Flemingsburg Rd, Morehead, KY for Sale
$2,926,829 USD
Fast Food - FOR SALE
1/8
null | 6.15% Cap Rate

2230 Flemingsburg Rd
Morehead, KY 40351


HIGHLIGHTS

  • Long Term 20-YR Triple Net Lease with Four (5-YR) Options
  • Zero Landlord Responsibilities
  • Fronting Flemingsburg Rd (23,000 Vehicles Per Day)
  • Brand-New Construction
  • Conveniently located at the exit of Interstate 64 (20,542 AADT) with on/off ramp access from Flemingsburg

OVERVIEW

This brand-new 3,016 SF Burger King is located on a spacious nearly 2-acre lot in a high-traffic area. Directly across from Walmart Supercenter, Rowan County High School, and Better Life Church, this property offers excellent visibility and access. It’s also adjacent to a soon-to-open Express Oil Change. Surrounded by a strong mix of national retailers like Lowe’s, Cracker Barrel, Reno’s Roadhouse, Kroger, Tractor Supply, and more, this location is an ideal spot for attracting steady foot traffic. Positioned right at the exit of Interstate 64, the property fronts Flemingsburg Road, which sees 23,000 vehicles per day.

FOR SALE DETAILS

PRICE

$2,926,829 USD

PRICE/SF

$970 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

-

APN/PARCEL ID

044-00-00-083.00

ASK ABOUT THIS PROPERTY

Debra FranklinMarcus & MillichapMore Info
305-308-2635

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Debra FranklinMarcus & MillichapMore Info
305-308-2635

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