4089 Lexington Road, Nicholasville, KY 40356
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THB ฿107,543,687
USD $3,260,000
Published on: 17 Sep 2024
Last updated on: 17 Sep 2024
Property ID: 110094583267
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Comm/Prof/Ind - Nicholasville, KY
4089 Lexington Road, Nicholasville, KY 40356
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.
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Land Size
10,764.65 m2
Building Size
953.74 m2
Year Built
2009
Architecture Style
Other
County
Jessamine
Parcel ID
066-00-00-005.04
Provider
Jack Foley Real Estate Service
Subdivision
Commercial
Brokerage Office Name
Jack Foley Real Estate Service
Brokerage Office Phone
2214080
Neighbourhoods
009 - Jessamine County
Address
4089 Lexington Road, Nicholasville, KY 40356
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Not available | Not available |
| High | Not available | Not available |
| Juniorhigh | Not available | Not available |
| Middle | Not available | Not available |
Contact Agent
John Foley
Contact Agent
Contact Agent
Email enquiry to Jack Foley Realty, LLC
John Foley
795 Chinoe Road, Lexington, KY 40502
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Property ID: 110094583267
Data provided by Jack Foley Real Estate Service, MLS #: 24019616
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Copyright © 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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