926 S Broadway St | Georgetown, KY 40324
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926 S Broadway St
Georgetown, KY 40324
Walgreens | Kentucky | $7.1M | 12 Yrs | NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG TERM NNN LEASE WITH 10 (5-YR) OPTIONS - 12 yrs 9 mos remaining on initial lease term & 10(5-yr) options to extend w no landlord responsibilities.
- 3 BLOCKS FROM GEORGETOWN COMMUNITY HOSPITAL – The hospital has 75 beds and is a half mile S of the subject serving Scott & Franklin Counties.
- STRATEGIC LOCATION WITH LIMITED COMPETITION - Located across from CVS, making this a strategic location for CVS & Walgreens.
- SOLID STORE SALES PERFORMANCE - Sales at this location have increased approx 30% over the last 2 years. This location also sells liquor, beer and wine
- SOLID EMPLOYMENT BASE - Toyota Motor is ±6 mi N of the property & world’s largest auto manufacturing plant on ±1,300 acres employing over 7K people.
- OVERSIZED LOT WITH EASY ACCESS - This lot has 2 points of access on both cross streets that give the Walgreens better ingress/egress than CVS.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.98 AC
Zoning
C-1 - Commercial
Parking
63 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
372’ on South Broadway Street
PROPERTY TAXES
| Parcel Number | 168-10-319.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,100,000 |
PROPERTY TAXES
Parcel Number
168-10-319.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,100,000
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