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- LoopNet Team
69 Broadway St
Dry Ridge, KY 41035
Starbucks Coffee · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 2020 Construction with a Drive-Thru & Outdoor Patio
- Walmart Shadow Center | Strategically positioned as a shadow center to a Walmart
- Excellent Visibility with Strong Traffic Counts
- No Termination Clause | No termination clause language within the lease, which ensures more security to prospective investors.
- Corporate Guarantee from Investment Grade Credit Tenant.
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 69 BROADWAY ST , DRY RIDGE, KY 41035
Significant Rental Increases in the Base Term | This investment benefits from a sizable increase every five years, as well as in the option periods, allowing for healthy and consistent rental growth. Tenant Market Strength | The first quarter 2019 consolidated net revenues up 9% to record $6.6 billion. Notable Credit Tenants in Close Proximity | No direct coffee competition in the immediate area, but good surrounding tenant synergy with national brands such as Walmart, McDonald’s, Taco Bell, KFC, Wendy’s, and Dollar General. Excellent Visibility with Strong Traffic Counts | Ideally positioned with great frontage and visibility on the heavily trafficked Broadway Street to over 25,709 vehicles per day. Walmart Shadow Center | Strategically positioned as a shadow center to a Walmart Supercenter.
PROPERTY TAXES
| Parcel Number | 046-00-00-035.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,022,500 |
PROPERTY TAXES
