Subway w/ Drive Thru | 15yr NNN
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
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