Log In/Sign Up
Your email has been sent.
1992 Spring House Ln
Richmond, KY 40475
Burger King · Retail Property For Sale
Executive Summary
Marcus & Millichap is pleased to present a newly constructed 2025 Burger King located in Richmond, Kentucky. The property is secured by a new 20-year NNN lease featuring 7.5% rent increases every five years and four additional five-year renewal options. The asset is operated by a growing regional franchisee with a portfolio of nearly 500 locations nationwide. They were awarded the 2025 Burger King Franchisee of the Year. Positioned along Eastern Bypass which sees over 22,000 vehicles per day and is surrounded by several major auto dealerships including Hyundai, Ford, Honda, Toyota, Nissan, and others.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,928 SF
Building Class
C
Year Built
2025
Price
$2,640,000
Price Per SF
$901.64
Cap Rate
6.25%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Lot Size
17.08 AC
Frontage
320’ on Spring House Drive
Amenities
- Restaurant
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 0068-0000-0013-02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $665,000 |
Property Taxes
Parcel Number
0068-0000-0013-02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$665,000
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
