$3,260,000
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4089 Lexington Road Nicholasville, KY 40356
General Commercial
Residence
Beds
Baths
10,266
Sq. Ft.
2.66
Acre
Lot
Property Activity
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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 Nic...holasville 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.
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MLS#
24019616
Property Type
General Commercial
Year Built
2009
Square Feet
10,266
sq. ft
Lot Size
2.66
Sewer
Public Sewer
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