Listed by SRS Louisville, SRS Real Estate Partners Louisville
$1,500,000
7 Brew
Details
APN 44-21274
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
Lease Options 3 (5-Year)
Year Built 2025
Buildings 1
Stories 1
Acreage 0.700
Zoning C1: Neighborhood Commercial
Parking Spaces 12 spaces
Parking per 1,000 SqFt 12.63
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease Yes
Ownership Leased Fee (Land Ownership)
Retail | 6.00% CAP | 950 SqFt
Investment highlights
- 14-Years Remaining | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Operator
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Outparceled to a Hobby Lobby Anchored Center | Dense Retail Corridor |Westgate Village Shopping Center | Strong Frontage Visibility
- Strong Demographics in the Immediate Trade Area
Listing Contacts
Listed by SRS Louisville, SRS Real Estate Partners Louisville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,000.00
$7,500.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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Property History
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