$1,200,000

3060 S Dixie Boulevard

RADCLIFF KY, 40160

Description

This listing is one of three in a package of Huddle House locations which are all under lease with the same operator/franchisee. The current lease term on all three locations expires on March 1, 2033, with three extension options of 5 yrs each. Current monthly rent at this location is $6,800. It is a Net Lease minus property taxes, which are paid by the landlord. The other two locations are NNN (triple Net) Leases & are located at 398 Campbellsville ByPass, Campbellsville, KY & 407 Lafayette Ave, Moundsville, WV. Copies of redacted leases & point of sale (POS) data available under confidentiality agreement. The package price for all three location is Three Million, Two Hundred Fifty Thousand dollars ($3,250,000.)

Details

MLS#10047537
Sub-TypeResale
StatusActive
Year2007
Days On Site174

Features

SQ Feet2,054
Story(s)1
ZoningCommercial

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Area Information

StateKY
CountyHARDIN
CityRADCLIFF
Zip Code40160
AreaRadcliff City
Listing VS Median (in 40160)
Price:
$1,200,000
low | high
Med:
$152,900
100% of Average
SqFt:
2,054
low | high
Med:
1,568
73.661148977605% of Average
$ / SqFt:
$584
low | high
Med:
$98
100% of Average
On Site:
174
low | high
Med:
349
49.856733524355% of Average
Listing Updated: 09/22/2019
MLS Number: 10047537
Listing Provided By:
Jeff Farmer  of  SEMONIN REALTORS