$1,200,000

398 Campbellsville Bypass

CAMPBELLSVILLE KY, 42718

Description

This listing is one of 3 in a package of Huddle House locations which are all under lease with the same operator/franchisee. The current lease term on all 3 locations expires on March 1, 2033, with 3 extension options of 5 yrs each. Current monthly rent at this location is $6,500. It is a Net Lease (NNN) & the location at 407 Lafayette Ave, Moundsville, WV in NNN as well. The Radcliff location at 3060 S Dixie Blvd, Radcliff, KY is a Net Lease minus annual property taxes which are paid by the landlord. Copies of redacted leases & point of sale (POS) data available under confidentiality agreement. The package price for all 3 locations is Three Million, Two Hundred Fifty Thousand Dollars ($3,250,000.)

Details

MLS#10047559
Sub-TypeResale
StatusActive
Year2006
Days On Site173

Features

SQ Feet2,015
Story(s)1
ZoningB-2 General Business

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Area Information

StateKY
CountyTAYLOR
CityCAMPBELLSVILLE
Zip Code42718
AreaTaylor County
Listing VS Median (in 42718)
Price:
$1,200,000
low | high
Med:
$144,950
100% of Average
SqFt:
2,015
low | high
Med:
2,136
43.995037220844% of Average
$ / SqFt:
$596
low | high
Med:
$70
100% of Average
On Site:
173
low | high
Med:
36.5
100% of Average
Listing Updated: 09/22/2019
MLS Number: 10047559
Listing Provided By:
Jeff Farmer  of  SEMONIN REALTORS