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33165577
33165578

2525 41 N, HENDERSON, KY 42420

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RZ
IN RB15000101
Zickler Associates LLC
Listed by Marcus & Millichap - Los Angeles, Zickler Associates LLC
$1,000,000
0 days on market
Updated 0 days ago

Subway w/ Drive Thru | 15yr NNN

Details
APN 55B-163
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 1,890
Net Rentable (SqFt) 1,947
Cap Rate 6%
NOI $60,000
Occupancy 100%
Tenancy Single
Brand/Tenant Taco Bell, Burger King (+24)
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options 4 x 5 Years
Year Built 2009
Stories 1
Acreage 0.550
Ground Lease No

6% CAP | HNW Personal Guaranty | 10%/5 Year Increases

Marketing description

Marcus & Millichap is pleased to present a freestanding Subway drive-thru located along the U.S. 41 corridor at 2525 North Highway 41 in Henderson, Kentucky, one of the area's most active commercial and commuter routes carrying approximately 41,000 vehicles per day. The property will be secured by a brand-new 15-year absolute NNN lease commencing at close of escrow, offering investors zero landlord responsibilities and fully passive income backed by a High Net Worth Personal Guaranty.

The ±1,947 SF building sits on a ±0.55 acre lot with excellent visibility, dedicated parking, and a drive-thru positioned to capture consistent quick-service traffic. Located near a Walmart Supercenter, national retailers, dining concepts, and the Henderson City-County Airport, the site draws from a stable base of local residents, workforce population, and regional travelers. With scheduled 10% rent increases every five years, four five-year renewal options, and the backing of one of the world's most recognized QSR brands, this offering provides predictable long-term cash flow in a growing western Kentucky riverfront market.

Investment highlights

  • Part of a 9-Property Subway Portfolio Across Henderson, Owensboro, and Morganfield, KY, Available Together or Individually for Flexible Investment Strategies

  • New 15-Year Absolute NNN Lease Commencing at Close of Escrow w/ Zero Landlord Responsibilities

  • Backed by a High Net Worth Personal Guaranty for Added Credit Security

  • 10% Rent Increases Every 5 Years Plus Four (4) Five-Year Renewal Options for Up to 20 Additional Years

  • Freestanding Subway Drive-Thru, High-Quality 2009 Construction on ±0.55 Acres

  • Positioned Along U.S. 41 (±41,000 VPD) Near Walmart Supercenter, National Retailers, and the Henderson City-County Airport

  • Direct Beneficiary of the I-69 Ohio River Crossing and U.S. 41 Interchange Reconfiguration, Supporting Long-Term Traffic Volume and Retail Visibility

  • Leading Global QSR Brand With Approximately 37,000 Locations Across More Than 100 Countries

Listing Contacts

JF
CA 02100489
Marcus & Millichap - Los Angeles
TB
CA 02116455
Marcus & Millichap - Los Angeles
RZ
IN RB15000101
Zickler Associates LLC
Listed by Marcus & Millichap - Los Angeles, Zickler Associates LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Grant Fitzgerald
License
286261
Title
Broker of Record
Brokerage Address
9300 Shelbyville Rd #350, Louisville, KY 40222
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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