95 Meijer Dr - Fast Food FOR SALE
Florence, KY 41042 |
95 Meijer Dr
Florence, KY 41042
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years!
- DJ Steakburgers, LLC is an experienced/seasoned owner/operator of 13 Freddy’s locations with 2 more under development.
- Constructed to Freddy’s latest prototype with 12-stack drive-thru - slated for opening date/rent commencement February 2024 (est.)
- Pad site to Meijer Grocery Store, situated on a large ±1.01-acre lot just off a busy intersection of Houston Rd & KY-717
- Traffic counts exceed 47,550 CPD! 1/4 mile from I-71/I-75 (traffic counts: 200,966 CPD)!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 149,262 | Average Household Income (1-MI): $113,493
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
FREDDY'S - FLORENCE, KY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
3027
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
061.00-21-008.05
