1504 Us Highway 68 | Maysville, KY 41056
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- LoopNet Team
1504 Us Highway 68
Maysville, KY 41056
Hardee's · Retail Property For Sale
Investment Highlights
- Absolute Triple Net Lease – Zero landlord responsibilities allowing an investor to enjoy a completely passive investment.
- This location boasts extremely strong store sales that are well above the national average for Hardee’s.
- 30,000 Vehicles Per Day – The subject property is strategically located on a heavily trafficked and signalized corner.
- Brand New 20-Year Lease to Commence at Close of Escrow – The tenant will sign a 20-Year lease at close of Escrow.
- The lease includes 7.5% rent increases every 5 years year, providing the necessary hedges against inflation over the base term of the lease.
- Large Lot with Drive-Thru – The subject property sits on a large 1.31-acre lot and features a drive-thru allowing consumers quick and easy access.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,298 SF
Building Class
B
Year Built/Renovated
1983/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.31 AC
Zoning
Retail
PROPERTY TAXES
| Parcel Number | 050-00-00-006.02 | Improvements Assessment | $387,100 |
| Land Assessment | $350,000 | Total Assessment | $737,100 |
PROPERTY TAXES
Parcel Number
050-00-00-006.02
Land Assessment
$350,000
Improvements Assessment
$387,100
Total Assessment
$737,100
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