95 Carothers Rd | Newport, KY 41071
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95 Carothers Rd
Newport, KY 41071
Chick-Fil-A · Retail Property For Sale
Investment Highlights
- Situated on a signalized hard corner with over 35,000 VPD on Carothers Road and Pavilion Parkway.
- Excellent visibility and convenient accessibility from the heavily traveled I-479 with 97,663 VPD.
- Oversized 1.43 acre parcel in an extremely dense retail corridor located in a Power Center (454,567 SF) anchored by Target and Kroger.
- Absolute NNN Ground Lease structure offers investors a truly passive investment with ZERO landlord responsibilities.
- Over 106,000 residents with average household income of $75,902 within a 3-mile radius.
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,956 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.43 AC
Zoning
Commercial
Parking
69 Spaces (13.92 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 999-99-37-548.01 | Improvements Assessment | $1,394,424 |
| Land Assessment | $1,248,276 | Total Assessment | $2,642,700 |
Property Taxes
Parcel Number
999-99-37-548.01
Land Assessment
$1,248,276
Improvements Assessment
$1,394,424
Total Assessment
$2,642,700
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