669 Knox Blvd - Auto Repair FOR SALE


Radcliff, KY 40160
$872,300 USD
760-448-2449
669 Knox Blvd, Radcliff, KY for Sale
$872,300 USD
Auto Repair - FOR SALE
1/8
null | 6.5% Cap Rate

669 Knox Blvd
Radcliff, KY 40160


HIGHLIGHTS

  • Standard & Poor’s “A” Rated Investment Grade Credit Tenant (Bridgestone Retail Operations, LLC)
  • 30 Year Operating History, Strong Commitment to Site |  Low Rent ($7.75 PSF)
  • Minimal Landlord Responsibilities | New Roof & 20 Year Warranty in 2018 | Essentially Operates as a Triple-Net Lease
  • Subject Property is Located Just 1 Mile South of Fort Knox | Close Proximity to the New $5.8B Ford Electric Battery Plant (Blue Oval City)
  • Located Along Major Corridor Connecting to Louisville & Elizabethtown | Growing Population | Across from $90M Mixed-Use Development Project

OVERVIEW

Lee & Associates, together with Bang Realty, are please to present an investment opportunity in a Tires Plus located in Radcliff, KY. Close to Fort Knox, this is located in a growing area with new redevelopment projects underway. Tires Plus has a 30+ Year operating history demonstrating a commitment to the site, and with a new roof, this operates as a Modified-triple net lease. The subject property operates under a corporate lease with Bridgestone Retail Operations, LLC, S&P: "A" rated investment grade credit.

FOR SALE DETAILS

PRICE

$872,300 USD

PRICE/SF

$119 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tires Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,974 SF

ZONING

-

APN/PARCEL ID

138-30-00-060

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

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