Burger King | 100 Vincent Dr
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Burger King 100 Vincent Dr
3,543 SF Retail Building Stanford, KY 40484 $2,260,000 ($638/SF) 6.15% Cap Rate
Investment Highlights
- Brand New 2023 Construction - Opened For Business in January 2024
- 7.5% Rent Increases Every 5 Years
- Walking Distance to Ephraim McDowell Fort Logan Hospital - a 25-bed Critical Access Hospital
- Long Term 20-YR Triple Net (NNN) Lease - Zero Landlord Responsibilities
- Four (5-YR) Options
- Ampler Burgers Ohio LLC currently operates 84 Units and Continues to Grow
Executive Summary
Brand New Construction Burger King by Ampler Development. Long Term 20-YR Triple Net (NNN) Lease backed by Ampler Burgers Ohio LLC (84 units and growing.) Opened for Business in January 2024.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,543 SF
Building Class
C
Year Built
2023
Price
$2,260,000
Price Per SF
$638
Cap Rate
6.15%
NOI
$139,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.37 AC
Opportunity Zone
Yes
Frontage
Amenities
- Restaurant
- Drive Thru
PROPERTY TAXES
Parcel Number | 051-09-08-002.00 | Improvements Assessment | $0 |
Land Assessment | $325,000 | Total Assessment | $325,000 |
PROPERTY TAXES
Parcel Number
051-09-08-002.00
Land Assessment
$325,000
Improvements Assessment
$0
Total Assessment
$325,000
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Burger King | 100 Vincent Dr
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