795 Front Gate Rd, Simpsonville, KY 40067

3,994 SF | Retail Building | Simpsonville, KY 40067 | $3,120,000 ($781/SF) | 6.25% Cap Rate

Asking Price $3,120,000

Property Type
Retail, Restaurant
Square Feet
3,994 SF
Price / Square Foot
$781

Listing Contacts

Kendall Carlsen

Property Overview

(Building & Land) Fee Simple

Property Details

Class
C
Year Built
2015
Stories
1
Property Subtype
Bank, Storefront
Lot Size (sq. ft)
69,260 SF

Highlights

  • Brand New 10-Year Lease with Attractive 10.00% Rental Escalations Every 5 Years!
  • Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) operated over 38,000 locations worldwide
  • All nearby fast-food retailers rank in the upper 16th percentile in foot traffic nationally!
  • The Outlet Shoppes of the Bluegrass is the #1 ranked Outlet Mall (by foot traffic & size) and the only Premium Outlet Mall in Kentucky!
  • Impressive 3,944 SF building - situated on a large ±1.59-acre lot (11-car drive-thru stack) with excellent access/visibility Simpsonville-Buck Creek
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 13,569 | Average Household Income (1-MI): $149,253

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