480 Eastern Byp | Richmond, KY 40475
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
480 Eastern Byp
Richmond, KY 40475
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Lease – Valvoline has 15 years remaining on their original 15 year lease, allowing for a long term investment
- College Town – Eastern Kentucky University, which has more than 14,000 students, is located less than ½ mile from the Valvoline
- Corporate Guaranty – Valvoline currently operates over 1,700 locations across the company and is the 2nd quick lube chain by number of stores across
- ZERO Landlord Obligations – The tenant in on an absolute NNN ground lease allowing for a truly passive investment
- Affluent Market – The average household income in a 5 mile radius is more than $77,000
- Growth in Net Revenues – In 2022, Valvoline experienced a 19% growth in net revenues
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.50 AC
Zoning
L03
Parking
15 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | R003-0003-0006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,867,890 |
PROPERTY TAXES
Parcel Number
R003-0003-0006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,867,890
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
