2980 Scottsville Rd - Fast Food FOR SALE


Bowling Green, KY 42104
$1,769,000 USD
248-419-3811
2980 Scottsville Rd, Bowling Green, KY for Sale
$1,769,000 USD
Fast Food - FOR SALE
1/6
null | 6.5% Cap Rate

2980 Scottsville Rd
Bowling Green, KY 42104


HIGHLIGHTS

  • Absolute NNN Ground Leases with Zero Landlord Responsibility.
  • More than 43,000 People within a 3 Mile Radius.
  • Located across from Kroger and Sam's Club. Adjacent to Greenwood Mall.
  • 32,000 VPD on Scottsville Road.

OVERVIEW

Fortis Net Lease is pleased to present a 7 Brew Coffee Ground Lease Investment opportunity in Bowling Green, KY. There is currently an existing 10 year lease for 7-Brew. The Tenant just signed the first option early for a total of 13 years remaining on the lease. The lease also feature 10% rent increases every five years and Three - 5 year option periods with increases. This is an ideal opportunity for an investor to purchase income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance, and capital expenditures including roof, structure, and HVAC.

FOR SALE DETAILS

PRICE

$1,769,000 USD

PRICE/SF

$3,469 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,950 SF

ZONING

C-1

APN/PARCEL ID

053A-01-011

ASK ABOUT THIS PROPERTY

Marvin DeLauraFortis Net LeaseMore Info
248-419-3811

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Marvin DeLauraFortis Net LeaseMore Info
248-419-3811

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