1224 Carter Ave | Ashland, KY 41101
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- LoopNet Team
1224 Carter Ave
Ashland, KY 41101
BOB EVANS - ASHLAND, KY · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 20-year Absolute NNN Lease with RARE 2% annual rental increases starting in the 5th lease year (May 1, 2027)!
- Successfully open & operating for decades with a convenient Downtown/ infill location with high barriers to entry!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 57,986 | Average Household Income (1-MI): $77,228
- Bob Evans Restaurants, LLC operates ±439 locations in 18 states!
- Well-positioned on a large ±1-acre lot on Carter Ave, between 12th & 13th St (Hwy 60) where traffic counts exceed 25,020 CPD!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,617 SF
Building Class
B
Year Built/Renovated
1987/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.32 AC
Zoning
C - Commercial
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 030-15-13-001.00 | Improvements Assessment | $2,844,147 |
| Land Assessment | $557,596 | Total Assessment | $3,401,743 |
PROPERTY TAXES
Parcel Number
030-15-13-001.00
Land Assessment
$557,596
Improvements Assessment
$2,844,147
Total Assessment
$3,401,743
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