115 Towne Dr | Elizabethtown, KY 42701
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115 Towne Dr
Elizabethtown, KY 42701
Panera Bread · Retail Property For Sale
Investment Highlights
- Tenant Displaying Commitment to this Site | Tenant Exercised the First Renewal Option Early | Lease Term Extended to 2026
- ~7% Rental Increases in Each Option Period | See Rent Schedule
- Dense Retail Corridor | Walmart, Walgreens, CVS, Chick-fil-A, McDonald’s, Target, Sam’s Club, Home Depot, Lowe’s, Best Buy, Taco Bell, Buffalo Wild
- Attractive Rental Increase in January of 2022
- Two (2), Five (5)-Year Tenant Renewal Options Remaining | Bringing the Potential Lease Term to 30 Years
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,577 SF
Building Class
C
Year Built
2006
Building Height
1 Story
Building FAR
0.10
Lot Size
1.02 AC
Zoning
C - Commercial
Property Taxes
| Parcel Number | 201-10-00-020.01 | Improvements Assessment | $973,000 |
| Land Assessment | $400,000 | Total Assessment | $1,373,000 |
Property Taxes
Parcel Number
201-10-00-020.01
Land Assessment
$400,000
Improvements Assessment
$973,000
Total Assessment
$1,373,000
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