Active
4089 Lexington Road
Nicholasville KY, 40356
$3,260,000
$317.55 per sqft
Active
10,266 sqft
Commercial
Built in 2009
Listed by John L Foley with Jack Foley Realty, LLC
RARE OPORTUNITY! CRACK BARREL GROUND LEASE. Attention investors, don't miss this opportunity to acquire an extremely well located, absolute NNN ground leased property, consisting of 2.66 acres of prime commercial land, with 350 feet of road frontage. This Cracker Barrel restaurant is located on Nicholasville Rd., Traffic count in excess of 35,000 VPD, in the very active Brannon Crossing development. The lease began in 2009, and the current rent is $195,700 per year. In addition to the remaining current lease term, the tenant has three options to renew the lease for five additional years each, and at 10% rental increase in each option period. Priced at very recent appraisal.
24019616
MLSⓇ ID
September 16, 2024
Listed
November 22, 2024
Updated
Map
4089 Lexington Road
Nicholasville KY, 40356
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.66 Acres
Exterior Features
Block
Sewer
Public Sewer
Other Property Details
Area Name
009 - Jessamine County
Garage
No
Parking
56 or More Spaces, On Site, Paved
View
No
County
Jessamine
Pool
No
Zoning
B-2
Listing Contact:
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Data last updated on 11/22/2024 at 10:16 PM UTC