Remarks

FOR SALE ! Former Applebee's Restaurant property located in the very busy North Hurstbourne Parkway area, adjacent to McDonalds restaurant, and is surrounded by large office parks, hotels, retail centers, and residential neighborhoods. The property is currently leased, under a NNN lease, to Tres Amigos Mexican Restaurant, The current rent is $9,750 / month, and is scheduled to increase to $10,240 / month on May 01, 2027. There are more than 4 ½ years of lease term remaining. Current Cap Rate 7.8%

Details

MLS#: 24019157
Price: $1,495,000

Sq Ft: 5560
Year Built: 2000

County: Jefferson
Subdivision: Commercial