7904 Alexandria Pike, Alexandria, KY 41001
2 Retail Properties Offered at $5,160,000 in Alexandria, KY
Asking Price $5,160,000
- Property Type
-
Retail
Listing Contacts
- Property Info
Property Overview
SRS National Net Lease Group is pleased to offer the opportunity to acquire the 2 single-tenant, absolute NNN leased, freestanding, drive-thru equipped, retail assets located in Alexandria, KY (Cincinnati MSA). The tenants, Popeyes and Dunkin’, will be signing brand new 15-year leases with 5 (5-year) option periods to extend at
the close of escrow, demonstrating their commitment to the site. Both tenants feature 1.50% annual rental increases throughout their initial terms and options, steadily increasing NOI and hedging against inflation. Both tenants are leaders in their sectors and operate under absolute NNN lease structures, making this an ideal, management-free investment opportunity for a passive investor.
the close of escrow, demonstrating their commitment to the site. Both tenants feature 1.50% annual rental increases throughout their initial terms and options, steadily increasing NOI and hedging against inflation. Both tenants are leaders in their sectors and operate under absolute NNN lease structures, making this an ideal, management-free investment opportunity for a passive investor.
Highlights
- New 15 Year Leasebacks | Scheduled Rental Increases | Franchisee Guaranteed | Well-Known & Established Brands
- Dense Trade Area | Near Walmart-Anchored Center | Strong Rent to Sales | National & Regional Tenant Presence
- Located Along Alexandria Pike | Centralized Location | Drive-Thru Equipped | Excellent Visibility & Access
- Direct Residential Consumer Base | Affluent Community
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].