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2911 S Highway 27
Somerset, KY 42501

$1,944,984 USD

Freestanding For Sale  •  3,509 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,509 SF
  • Lot Size 0.79 AC
  • Building Class C
  • Year Built 1990
  • Cap Rate 5.79 %
  • Tenancy Single
  • Zoning B-2, Highway Business
40 Walk Score

Highlights

SINGLE TENANT ASPEN DENTAL LOCATION: 3,509-SF on a 0.79 acre lot with 25 parking spaces
DOUBLE NET LEASE: 2014 renovations with over 8 years remaining on the original NN lease. Landlord responsible for roof, structure & HVAC replacement
RENTAL INCREASES IN EACH OPTION: Rental increase coming in 2029 and 8% rental increases in each of four, 5-year renewal options.
HIGH VISIBILITY LOCATION: Outparcel to shopping center with lighted pylon sign and easy access from all traffic directions. Three points of ingress an
4 MILES FROM LAKE CUMBERLAND: Lake Cumberland is a major boating and outdoor recreation destination in Kentucky attracting 4 million annual visitors.
DENSE RETAIL HUB: Located near multiple national tenants including Hobby Lobby, TJ Maxx, Tractor Supply, Ollie’s, Planet Fitness, Dunham’s and more

Property Flyers

Cap Rate: 5.79 %

Major Tenants

Tenant SF Occupied Lease End Date
Aspen Dental 3,509 SF 7/31/2034

Amenities

  • Pylon Sign

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Darpan Patel 513-325-8682 Marcus & Millichap
Darpan Patel 513-325-8682 Marcus & Millichap