Money Maker!!!!!!!

Retail-Commercial for Sale
Catylist Listing ID: 30372487
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 4,328 SF
Gross Land Area: 0.93 Acres
Sale Price: $758,000
Unit Price: $175.14 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: ElRey Market
Usable Size (USF): 4,328 SF
Sale Terms: Cash to Seller
Cap Rate: 9.7%
Last Updated: 7/15/2019

Overview / Comments

NNN leased property tenant pays for everything and Owner just collects the rent!!!! Did I mention the rent is $6,170 a month!!!!!! Strong tenant has a long rental history at this location. The business is not for sale just the property anybody needing a replacement property doing a 1031 tax exchange this property is perfect for you! Tenant does have a beer license they do sale beer by the package here. Great location on busy National Turnpike perfect for absentee Landlord!!!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 104504070000
Zoning: C-1 - Commercial District
Retail Clientele: General, Business, Other
Property Located Between: National Turnpike and Yorktown Rd
Property Visibility: Excellent
Largest Nearby Street: Southside Drive
Highway Access: Close to Gene Snyder Freeway
Airports: Louisville International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1972
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: Paved
Sprinklers: None
Zoning Description: C 1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,459 61,653 207,944
Median Age: 35.78 36.34 36.69
Households: 3,672 24,964 84,407


Photograph of Listing Agent

Heather L Allen

Genesis Realty LLC KCREA Member
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