376 Big Hill Ave, Richmond, KY 40475
7,405 SF | Retail Building | Richmond, KY 40475 | $2,928,571 ($395/SF) | 7% Cap Rate
For Sale
Active
Asking Price $2,928,571
- Property Type
-
Retail
- Square Feet
- 7,405 SF
- Price / Square Foot
- $395
Listing Contacts
Glen Kunofsky
Edward Otocka
Francis Purritano
Howie Curd
Walker Stevens
- Property Info
Property Overview
NNN Pro and Bang Realty are pleased to present the exclusive
listing for a Main Street Auto located at 376 Big Hill Ave,
Richmond, KY 40475. The site consists of roughly 7,405 rentable
square feet of building space on an estimated 0.61-acre parcel of
land. This Main Street Auto is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The
annual rent will be $205,000 and has scheduled increases of
2.00% Annually.
listing for a Main Street Auto located at 376 Big Hill Ave,
Richmond, KY 40475. The site consists of roughly 7,405 rentable
square feet of building space on an estimated 0.61-acre parcel of
land. This Main Street Auto is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The
annual rent will be $205,000 and has scheduled increases of
2.00% Annually.
Property Details
- Year Built
- 1990
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 26,572 SF
Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Attractive Rental Increases | The lease will feature 2.00% rental increases annually
- Corporate Guarantee
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].