637 S 2nd St 2,000 SF 100% Leased Retail Building Central City, KY 42330 $2,500,000 ($1,250/SF) 6.50% Cap Rate

Shown by appointment only. Please do not disturb the restaurant operation. This existing tenant ranks as the third-largest sandwich chain in the United States by market share and sales. It is positioned around the top 15 among all U.S. fast-food chains overall. It operates over 3,300 locations globally and is an excellent draw for this location. The convenience store closed in April of this year. It was open for 18 months. There is an additional 1.2 acres in the front of this property that can be purchased for $200,000.00 which would be ideal for expansion and truck parking. All CAM charges are split evenly with the tenant. Yearly property taxes based on a purchase price of $2,500,000.00 would be approx. $23,500.00.
Public Remarks: This prime commercial opportunity is only a few hundred off of the I-69/Western Kentucky Parkway exit (#58) at Central City Kentucky which connects to US-431 / KY-70 (Drakesboro & Central City). The restaurant half of this building has a fresh ten year triple net lease which provides a 6.5% cap rate. The convenience store side has the majority of equipment and is ready to occupy.
Directions: A few hundred off of the I-69/Western Kentucky Parkway exit (#58) at Central City Kentucky which connects to US-431 / KY-70 (Drakesboro & Central City). Latitude: 37.285416 Longitude: -87.115034