Newconstruction Burger King — Sale in Louisa, KY
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Louisa, KY 41230
Investment Figures
- Cap rate
- 6.25%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is proud to present a brand-new construction Burger King featuring a long-term 20-yr NNN lease with four, 5-yr options to renew. Investment Highlights: • 20-year NNN LEASE with Attractive 7.5% Rent Increases every Five (5) Years, as well as Four, 5-Year Options to Renew • Positioned alongside U.S. 23 with direct on/off ramp access from KY-32 (Old U.S. 23) which sees nearly 10,000 vehicles per day. • Backed by an expanding regional Franchisee with nearly 500 franchised restaurants under four QSR brands: TACO BELL, BURGER KING, CHURCH'S CHICKEN and LITTLE CAESARS.
Market Context
This retail in Louisa, KY is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Louisa, KY — view the full market.
Contact
- Debra Franklin · (786) 522-7037 · debra.franklin@marcusmillichap.com
- Grant Fitzgerald · (502) 329-5900
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