Log In/Sign Up
Your email has been sent.
85 Breighton Blvd 5,400 SF Retail Building Shelbyville, KY 40065 $2,191,392 CAD ($405.81 CAD/SF) 5.62% Cap Rate
Investment Highlights
- Prime logistics access
- Easy to underwrite freestanding building
- business friendly site characteristics + flexible commercial zoning
Executive Summary
Newer construction 2016 Turn-key leased investment featuring a long term tenant at ACH $7,500 per month. Term 1/31/2030 and a renewal option based off fair market rent. Tenant maintains operational responsibilities typically associated with a net style structure (utilities,HVAC,exterior upkeep, parking lot, snow/ice, refuse, and required system testing) while landlord obligations are limited primarily to taxes and structural. Lease includes a personal guaranty and strong insurance requirements including rent protecting business interruption coverage. Attractive fit for 1031 exchange buyers seeking durable income.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,400 SF
Building Class
C
Year Built
2016
Price
$2,191,392 CAD
Price Per SF
$405.81 CAD
Cap Rate
5.62%
NOI
$123,266 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.30 AC
Zoning
X-2 - X-2 Commercial/ General Interchange. See link.
Parking
34 Spaces (6.3 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Fenced Lot
Property Taxes
| Parcel Number | 032-01-011 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $784,150 CAD |
Property Taxes
Parcel Number
032-01-011
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$784,150 CAD
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Crush Automotive Group
85 Breighton Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.