O'Charley's | 4yrs Remain Corp Abs NNN 7414 Turfway Rd

8,032 SF Retail Building Florence, KY 41042 $4,592,000 ($572/SF) 6.90% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

~4 Years of Term Remaining | Annual Increases
Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
Less Than 1.5 Miles From Florence Mall / 1.5 MM SF Of Retail Space

Corporate Guarantor: American Blue Ribbon
Located Near 4 Shopping Centers (Over 1 MM SF of Combined Retail Space) | Prominent Monument Signage
Close Proximity To Cincinnati / Northern Kentucky International Airport

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building) in a freestanding, absolute NNN, corporate leased, O’Charley’s located in Florence, Kentucky. The tenant, O’Charley’s, has approximately 4 years remaining in the current term with 3 (5-year) options to extend. The lease features 1.75% rental increases annually throughout the initial term and 1.25% annual increases throughout the option periods, which generates steady NOI growth and hedges against inflation. The lease is an absolute NNN lease with zero landlord responsibilities, making it an ideal investment for a passive investor.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Restaurant

Building Size

8,032 SF

Building Class

Year Built/Renovated

1992/2015

Price

$4,592,000

Price Per SF

$572

Cap Rate

6.90%

NOI

$316,859

Tenancy

Single

Building Height

1 Story

Building FAR

0.14

Lot Size

1.32 AC

Opportunity Zone

Yes

Zoning

C-2 - Commercial

Parking

108 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

Corner Lot
Restaurant

Signage

Signalized Intersection

Monument Signage

Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

When dining out in today’s busy world, people don’t just crave their favorite foods; they want to spend time with the people who matter most. That’s why, at O’Charley’s, a meal is more than what's on the plates. It's about what's shared around the table—the conversations, the stories told and retold, the laughter of inside jokes, and the raised glasses to heartfelt toasts. Sometimes, it's about simple, comfortable silence. It's about celebrating birthdays, anniversaries, or any day, and making it through a hard day. It's time spent with family and friends in moments both big and small. So O’Charley’s serves meals with Southern Hospitality, whether in their dining room or yours, helping diners connect with others, sharing everyday and special occasions. O’Charley’s understands that diners hunger for more than just food—something meaningful, uplifting, something found around a table with their O’mazing food.