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
October 3, 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:
The IDX display contains information sourced from the Bluegrass REALTORS® as of 10/3/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Bluegrass REALTORS® all rights reserved.
Data last updated on 10/3/2024 at 11:28 PM UTC