Log In/Sign Up
Your email has been sent.
KFC - Corydon, IN 1790 Highway 135 NW 2,800 SF Retail Building Corydon, IN 47112 $1,218,914 ($435.33/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Triple Net Lease With 5+ Years Remaining
- Located in the Louisville, KY MSA
- Franchisee is a Family Business and Single Unit KFC Operator That Has Been Operating at His Location for 20+ Years
- ~5% Rent Increase to $90,000 on February 1, 2028
- Out Parceled to Kroger Anchored Shopping Center With Over 15k Vehicles Per Day
- Nearby Tenants Include: Kroger Anchored Shopping Center, Tractor Supply, Chase Bank, Advance Auto Parts, McDonald's, and Enterprise Rent-A-Car
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,800 SF KFC Located at 1790 IN-135, Corydon, IN. This Deal Includes an Absolute Triple Net Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built
2005
Price
$1,218,914
Price Per SF
$435.33
Cap Rate
7%
NOI
$85,323
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.54 AC
Parking
35 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
224’ on In-337 Hwy
AMENITIES
- Freeway Visibility
- Pylon Sign
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- KFC
- Accommodation and Food Services
- 2,800 SF
- $30.47
- Jul 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| KFC | Accommodation and Food Services | 2,800 SF | $30.47 | Jul 2030 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 31-09-25-203-004.000-008 | Improvements Assessment | $434,500 |
| Land Assessment | $152,600 | Total Assessment | $587,100 |
PROPERTY TAXES
Parcel Number
31-09-25-203-004.000-008
Land Assessment
$152,600
Improvements Assessment
$434,500
Total Assessment
$587,100
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
KFC - Corydon, IN | 1790 Highway 135 NW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.