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8513 US Highway 42
Florence, KY 41042
Republic Bank · Retail Property For Sale
Investment Highlights
- NNN lease with sole landlord responsibility being maintenance of roof and structure
- Strong visibility and traffic counts (35,285 VPD) along US-42
- Build-To-Suite building meeting tenant’s exact specifications
- Strong regional bank that has 47 branch locations
- Tenant has no contractual renewal options and are paying below market rent
- 10% rental increase in 2028
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
3,500 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.77 AC
Parking
22 Spaces (6.29 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 062.00-42-002.00 | Improvements Assessment | $830,000 |
| Land Assessment | $520,000 | Total Assessment | $1,350,000 |
Property Taxes
Parcel Number
062.00-42-002.00
Land Assessment
$520,000
Improvements Assessment
$830,000
Total Assessment
$1,350,000
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