Best Buy Absolute NNN
For Sale
Contact for pricing
100 Meijer Drive, Florence, KY 41042
Single-tenant retail asset with an extended lease term beginning June 2026.
Property SizeContact for details
Days on Market129
Property Features for 100 Meijer Drive
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Cincinnati
Listed By:
Chris Prosser, CCIM · License #OH SAL.0000443707
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 3:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Cincinnati
Investment Insights
Based on property information with market context.
This single-tenant retail investment is occupied by Best Buy under an Absolute NNN lease, with no landlord responsibilities identified in the lease structure. Best Buy has executed an early 10-year extension beginning June 2026.
The property is located at 100 Meijer Drive in Florence, Kentucky, within the area’s retail corridor and near I-71/75. Nearby national retailers include The Home Depot, Target, Sam’s Club, and Walmart. Best Buy Co., Inc. is identified as an investment-grade tenant with BBB+/A3 credit ratings and annual revenues exceeding $41.5 billion.
The property is located at 100 Meijer Drive in Florence, Kentucky, within the area’s retail corridor and near I-71/75. Nearby national retailers include The Home Depot, Target, Sam’s Club, and Walmart. Best Buy Co., Inc. is identified as an investment-grade tenant with BBB+/A3 credit ratings and annual revenues exceeding $41.5 billion.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- Early 10‑year lease extension begins June 2026
- Single‑tenant Best Buy retail property
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
1M
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Superstores 26%
Apparel 14%
Groceries 11%
Target
Superstores
144,135 visits/mo
0.5 miles
Sam's Club
Superstores
117,411 visits/mo
0.3 miles
Meijer
Groceries
82,273 visits/mo
0.1 miles
Kohl's
Apparel
68,814 visits/mo
0.4 miles
DICK'S Sporting Goods
Apparel
60,325 visits/mo
0.4 miles
Demographics for 41042, KY
54,183
Population
23,640
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
22.1 sq mi
ZIP Area
2,452
Density / Sq Mi
$75,582
Median Household Income
$43,501
Median Earnings
$1,240
Median Rent
$210,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail asset with an extended lease term beginning June 2026.
Where is this nnn property located?
The property is located at 100 Meijer Drive Florence, KY.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; Early 10‑year lease extension begins June 2026; Single‑tenant Best Buy retail property
