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1220 Paris Rd
Mayfield, KY 42066

Applebee's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,100 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.45 AC
Zoning
GC - General Commercial
Parking
80 Spaces
Frontage
51’ on Kentucky 121

ABOUT 1220 PARIS RD , MAYFIELD, KY 42066

Tiktin Real Estate Investment Services is pleased to present this Applebee’s restaurant located at 1220 Paris Road in Mayfield, Kentucky. The restaurant was built in 2013 and has operated as an Applebee’s since being constructed. This 4,964 SF building sits on a 1.5 acre lot. At the close of escrow, the seller will sign a 15 year Triple Net (NNN) lease. The lease will provide for zero landlord responsibilities, 10 percent increases every 5 years and four, 5-year options. Annual rent will be initially set at $91,150 per year. This property offers direct frontage, signage, and access along Paris Road (Kentucky SR 121) which experiences daily traffic counts in excess of 10,000 vehicles per day. Additionally, this Applebee’s is located just under 4 miles from the on ramp to I-69 which travels from Toronto to the Kentucky/Tennessee border. This newly constructed Applebee’s is surrounded by national retailers including Walmart, CVS, Dollar General, Big Lots, & McDonald’s. This Applebee’s is an outparcel to a newly constructed Lowe's and directly across the street from a newly constructed Walmart Supercenter.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
106.00.00.017.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,458,000
  • Listing ID: 17281391

  • Date on Market: 9/24/2019

  • Last Updated:

  • Address: 1220 Paris Rd, Mayfield, KY 42066

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