505 Armco Rd | Ashland, KY 41101
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- LoopNet Team
505 Armco Rd
Ashland, KY 41101
Applebee's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Four (4) Tenant Renewal Periods of Five (5) Years Each
- Attractive Rental Increases | 1.50% Annually
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.59 AC
Zoning
Z02 - Business
Parking
40 Spaces (5.98 Spaces per 1,000 SF Leased)
Frontage
88’ on Armco Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 030-05-00-001.00 | Improvements Assessment | $1,270,714 |
| Land Assessment | $515,000 | Total Assessment | $1,785,714 |
PROPERTY TAXES
Parcel Number
030-05-00-001.00
Land Assessment
$515,000
Improvements Assessment
$1,270,714
Total Assessment
$1,785,714
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