Sold for
$3,260,000
4089 Lexington Road, Nicholasville, KY 40356
- 10,266
- sqft
- 2.66
- acres
- Commercial Sale
- Property type
- 2009
- Year built
- 2.66 acres
- Lot size
- $318
- Price / sq ft
Listing Description
RARE OPORTUNITY! CRACK BARREL GROUND LEASE. Attention investors, don't miss this opportunity to acquire an extremely well located, absolute NNN ground leased property, consisting of 2.66 acres of prime commercial land, with 350 feet of road frontage. This Cracker Barrel restaurant is located on Nicholasville Rd., Traffic count in excess of 35,000 VPD, in the very active Brannon Crossing development. The lease began in 2009, and the current rent is $195,700 per year. In addition to the remaining current lease term, the tenant has three options to renew the lease for five additional years each, and at 10% rental increase in each option period. Priced at very recent appraisal.
Listed by Jack Foley Realty, LLC · jack@jackfoleyrealtyllc.com
MLS #24019616 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Commercial Sale
- Year built
- Built in 2009
- Lot size
- 2.66-acre lot
- Price / sq ft
- $318 / sq ft
Interior
- 0 bathrooms
Property
- Commercial Sale
- 10,266 sq ft
- 2.66-acre lot
Construction
- Built in 2009
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Exterior & parking
- Parking features
- On Site, Paved
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- On Site, Paved
Property & Price History
| Date | Event | Price |
|---|---|---|
| Feb 10, 2025 | Sold | $3,260,000 |
| Sep 16, 2024 | Listed for sale | $3,260,000 |
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Property Documents
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty