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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31709399
31709400

2001 E Main St, Springfield, OH 45503

SS
KY 271256
SRS Louisville
MZ
MO 2024015589, KY License No. 273791 (+1)
SRS Louisville
JE
KY 306153
SRS Real Estate Partners Louisville
Listed by SRS Louisville, SRS Real Estate Partners Louisville
$1,500,000
49 days on market
Updated 49 days ago

7 Brew

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 950
Cap Rate 6%
NOI $90,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Year Built 2025
Buildings 1
Stories 1
Acreage 0.470
Zoning CC-2 Community Commercial District
Parking Spaces 12 spaces
Parking Per SqFt 12.63
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease Yes
Ownership Leased Fee (Land Ownership)
Sale Condition Sale for leaseback

Retail | 6.00% CAP | 950 SqFt

Investment highlights

  • 15-Year Sale-Leaseback | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Franchisee
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection | Strong Frontage Visibility | Dense Retail Corridor | Strong National/Credit Presence
  • Strong Demographics in the Immediate Trade Area

Listing Contacts

SS
KY 271256
SRS Louisville
MZ
MO 2024015589, KY License No. 273791 (+1)
SRS Louisville
JE
KY 306153
SRS Real Estate Partners Louisville
Listed by SRS Louisville, SRS Real Estate Partners Louisville

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$90,000.00
$7,500.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Sarah Shanks
License
BRKP.2023006361 | REC.2024000384
Brokerage
SRS National Net Lease Group
Title
Broker of Record
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