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2236 US Highway 41 N
Henderson, KY 42420 Henderson North End

$1,835,000 USD

Fast Food For Sale  •  2,925 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,925 SF
  • Lot Size 1.5 AC
  • Building Class B
  • Year Built 1984
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning COMMERCIAL
40 Walk Score

Highlights

Long-Term Lease Remaining – Tasty Chick’n Midwest, LLC has approximately 19 years remaining on the lease term, offering durable
Strong Franchise Guarantee – The lease is fully guaranteed by Tasty Chick’n, LLC, a 145 unit operator and subsidiary of Tasty Restaurant Group
Absolute Triple Net (NNN) Lease – The lease is structured as an absolute NNN, with the tenant responsible for all insurance, utilities, taxes, repairs
Attractive Rent Increases (1.50% Annually) – The lease includes 1.50% annual rent increases, providing built-in income growth and an effective hedge
Dominant Retail Positioning – The Property is prominently positioned at the entrance to the highly trafficked Audubon Village Shopping Center
High Traffic Exposure – The site is located just off U.S. Highway 41, a major north–south arterial corridor with traffic counts exceeding 37,800 VPD
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC

Amenities

  • Restaurant
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Evansville Regional 21 min - 12.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Hudson DeJean 605-941-3721 Matthews Real Estate Investment Services
Hudson DeJean 605-941-3721 Matthews Real Estate Investment Services