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3350 Lake Jericho Rd 3,582 SF of Retail Space Available in Smithfield, KY 40068
Highlights
- Prime location in Smithfield KY.
- Ideal for a variety of restaurant concepts due to its versatile layout and modern amenities.
- Turnkey opportunity for a restaurant operator looking to step into an updated space.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,582 SF | Negotiable | $13.93 CAD/SF/YR $1.16 CAD/SF/MO $49,882 CAD/YR $4,157 CAD/MO | Triple Net (NNN) |
1st Floor
Turnkey Opportunity recently operated as a Mexican Restaurant.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 3350 Lake Jericho Rd, Smithfield, KY 40068
- Tenant
- Description
- US Locations
- Reach
- Keepers Seafood Restaurant
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Keepers Seafood Restaurant | Restaurant | 1 | - |
Property Facts
| Total Space Available | 3,582 SF | Gross Leasable Area | 3,582 SF |
| Property Type | Retail | Year Built/Renovated | 2019/2024 |
| Property Subtype | Restaurant |
| Total Space Available | 3,582 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,582 SF |
| Year Built/Renovated | 2019/2024 |
About the Property
Location: High visibility spot located across from the new Dollar General, Our Best Restaurant, and Jericho Creamery. Approximately 5 minutes from downtown LaGrange KY Condition: Exceptionally clean, well-maintained, with many updates. Layout: Spacious and efficient design with a large hot kitchen, large cold kitchen, and ample dining space. Outdoor Features: Attractive outdoor patio with garage doors that open for a vibrant dining experience. Parking: Abundant parking lot with excellent visibility. Signage: Prominent exterior signage on the building and a high-visibility pole sign in the parking lot. Furniture, Fixtures & Equipment (FF&E): Some FF&E may included; details to be outlined in a separate bill of sale.
- Monument Signage
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3350 Lake Jericho Rd
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