Available For Sale - Specialpurpose

3,230 SF | Show Pricing $

AVAILABILITY DETAILS

Size
3,230 SF
Price/SF
Show Pricing $
Listing ID
SA427281
Notes
Rare Single Tenant NNN Investment Opportunity with a newer tenant who was has been current since signing the lease in January, despite the pandemic and their "shut down" recommendations.



Cask Strength Cross Fit leases both the garage and apartment for for $19,200 annually and the lease runs through January 31st, 2023.



Named, Best Small Town in America, this property in Bardstown, Kentucky is the perfect investment piece. Not only is Bardstown the most Beautiful Small Town in America, it is also Bourbon Capital of the World. With Bardstown's tourism increasing at a rapid rate, this is the time to buy. This large, freestanding building, is equipped with a 1,380 SF finished apartment. The apartment contains a living room, 2 bedrooms, kitchen, and 1 bathroom.



The real benefit to this property is that it is a true NNN. Tenant started 3 year lease in 2020 at $1,600 a month making it a 7.13 Cap. And as stated above, they have never missed a payment despite the pandemic! This is a terrific investment in a desirable area with steady income flow.
Uses
Specialpurpose

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Bill Menish, SVN | Menish Commercial Real Estate