303 E Mountain Pky - Retail FOR SALE


Salyersville, KY 41465
$2,000,000 USD
332-345-4222
303 E Mountain Pky, Salyersville, KY for Sale
$2,000,000 USD
Retail - FOR SALE
1/2
null | 5.75% Cap Rate

303 E Mountain Pky
Salyersville, KY 41465


HIGHLIGHTS

  • Dense Retail Corridor
  • Strong Traffic Counts
  • Close Proximity to Academic Institution

OVERVIEW

NNN Pro and Bang Realty are pleased to present the exclusive listing for a Wendy's located at 303 E. Mountain Parkway, Salyersville, KY 41465. The site consists of roughly 2,650 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Wendy's is subject to a 20 Years-year Sale Lease Back lease which will commence upon close of escrow. The annual rent will be $115,000 and has scheduled increases of 1.50% Annual Increases over the 20-Year Term.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$755 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

049-00-00-037.07

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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