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517 N Green St
Henderson, KY 42420
Retail Property For Sale

PROPERTY FACTS
ABOUT 517 N GREEN ST , HENDERSON, KY 42420
Listed at at 8.47% CAP Rate, this high yield investment allows room to grow. There are five (5) years remaining on the lease term, plus four (4), five (5) year options. Each rental renewal period increases 10%. Rite-Aid has been operating in this location since 1997 and recently agreed to a new five-year lease term. The lease is corporately guaranteed by Walgreens Corporation. The lease structure is triple Net (NNN) with no Landlord responsibilities. Well-maintained block construction helps to alleviate deferred maintenance in the future.
PROPERTY TAXES
| Parcel Number | 1-18-2-3 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,800,000 |
PROPERTY TAXES
Listing ID: 15226749
Date on Market: 2/20/2019
Last Updated:
Address: 517 N Green St, Henderson, KY 42420
The Henderson North End Retail Property at 517 N Green St, Henderson, KY 42420 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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