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2525 US Highway 41 N
Henderson, KY 42420 Henderson North End

$1,000,000 USD

Fast Food For Sale  •  1,890 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,947 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning COMMERCIAL
40 Walk Score

Highlights

Part of a 9-Property Subway Portfolio Across Henderson, Owensboro, and Morganfield, KY, Available Together or Individually
New 15-Year Absolute NNN Lease Commencing at Close of Escrow w/ Zero Landlord Responsibilities
Backed by a High Net Worth Personal Guaranty for Added Credit Security
10% Rent Increases Every 5 Years Plus Four (4) Five-Year Renewal Options for Up to 20 Additional Years
Freestanding Subway Drive-Thru, High-Quality 2009 Construction on ±0.55 Acres
Positioned Along U.S. 41 (±41,000 VPD) Near Walmart Supercenter, National Retailers, and the Henderson City-County Airport
Cap Rate: 6.00 %

Public Transportation

AirportDriveWalkDistance
Evansville Regional 22 min - 12.1 mi
Tyler Bindi 408-510-9057 Marcus & Millichap
Tyler Bindi 408-510-9057 Marcus & Millichap