Retail Business for Sale in Louisa, KY
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Louisa, KY 41230
Description
Marcus & Millichap is proud to present a brand-new construction Burger King featuring a long-term 20-yr NNN lease with four, 5-yr options to renew. Investment Highlights: • 20-year NNN LEASE with Attractive 7.5% Rent Increases every Five (5) Years, as well as Four, 5-Year Options to Renew • Positioned alongside U.S. 23 with direct on/off ramp access from KY-32 (Old U.S. 23) which sees nearly 10,000 vehicles per day. • Backed by an expanding regional Franchisee with nearly 500 franchised restaurants under four QSR brands: TACO BELL, BURGER KING, CHURCH'S CHICKEN and LITTLE CAESARS.
Market Context
This retail in Louisa, KY is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Louisa, KY — <a href="/search/sale/retail/kentucky/louisa">view the full market</a>.
Contact
- Debra Franklin · (786) 522-7037 · debra.franklin@marcusmillichap.com
- Grant Fitzgerald · (502) 329-5900
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