993 Lincoln Park Rd | Springfield, KY 40069
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- LoopNet Team
993 Lincoln Park Rd
Springfield, KY 40069
Taco Bell · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Tenant Commitment - 20-Year Absolute NNN Lease with 10% rental increases every 5 years providing the landlord with a secure, growing income
- Internet & Pandemic Proof concept backed by a high-performing tenant that is operated by a fast-growing Taco Bell franchisee (40 units and growing)
- Brand new high-quality building sitting on 26,086 SF of land that features a dedicated drive-thru which adds a meaningful amenity to customers all day
- Stable investment that is perfect for out-of-town investors with zero landlord responsibilities required by ownership
- Strategically located directly off Triple 5 Hwy at the intersection of Triple 5 Hwy and Lincoln Park Rd which sees approximately ±10,300 vpd
- Excellent visibility & accessibility along a major commuter thoroughfare within 55 minutes of 2 major metropolitan areas in Lexington & Louisville
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,295 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
Commercial
Frontage
118’ on Lincoln Park Road
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 18D-009.01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,724,138 |
PROPERTY TAXES
Parcel Number
18D-009.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,724,138
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