Retail Space /KY /Pike County /South Williamson /28181 US-119
Retail Space /KY /Pike County /South Williamson /28181 US-119

28181 US-119 - Fast Food FOR SALE


South Williamson, KY 41503 | 
$2,292,000 USD
305-308-2635
28181 US-119, South Williamson, KY for Sale
$2,292,000 USD
Fast Food - FOR SALE
1/4
null | 6.15% Cap Rate
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28181 US-119
South Williamson, KY 41503

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HIGHLIGHTS

  • Brand New 2023 Construction - Open For Business January 2024
  • Long Term 20 YR Triple Net (NNN) Lease - Zero Landlord Responsibilities
  • 7.5% Rent Increases Every 5 Years
  • Four (5 YR Options)
  • Fronting US-119, A Major Thoroughfare Bordering Kentucky / West Virginia State Line
  • Large Parcel Over 1+ Acre

OVERVIEW

Brand New Construction Burger King by Ampler Development. Long Term 20-YR Triple Net (NNN) leased backed by Ampler Burgers Ohio LLC (84 unit operator and growing.) Opened for Business in January 2024.

FOR SALE DETAILS

PRICE

$2,292,000 USD

PRICE/SF

$770 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Construction Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

-

APN/PARCEL ID

-

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.

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