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Absolute Triple-Net Retail Market
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Pending

103 E Pleasant St, Cynthiana, KY 41031

Apple Market offered in an absolute NNN lease with more than 12 years remaining on a 20-year term.

Property Size2,674 SF
Days on Market132

Property Features for 103 E Pleasant St

General Information

Standard status Pending
Size 2,674 SF
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 11 Last Checked: Aug 18 at 11:13PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

Marcus & Millichap presents the exclusive listing for an Apple Market located at 103 E Pleasant Street in Cynthiana, Kentucky. The site includes a retail building with approximately 2,674 rentable square feet on an estimated 2,674-acre parcel of land. The property is subject to a 20-year absolute triple-net (NNN) lease, with more than 12 years remaining.

Base rent is scheduled to increase by 1.50% annually throughout the base term and within each of the two 10-year renewal options. The lease structure is described as absolute triple-net, placing responsibility for operating expenses on the tenant under the terms of the lease.

This offering provides a single-tenant retail market asset under a long-term, rent-escalating lease structure.

Key Highlights

  • Apple Market at 103 E Pleasant Street in Cynthia, KY.
  • Approx. 2,674 rentable SF building on an estimated 2,674‑acre parcel.
  • 20‑year absolute triple‑net (NNN) lease with more than 12 years remaining.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Groceries 28% Dining 18%
Save-A-Lot Groceries
6,401 visits/mo 0.4 miles
Sunoco Shops & Services
4,338 visits/mo 0.4 miles
Family Dollar Shops & Services
3,402 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
3,206 visits/mo 0.1 miles
Papa John's Pizza Dining
2,548 visits/mo 0.3 miles

Demographics for 41031, KY

16,341
Population
7,050
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
225.6 sq mi
ZIP Area
72
Density / Sq Mi
$62,052
Median Household Income
$38,155
Median Earnings
$765
Median Rent
$193,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Apple Market offered in an absolute NNN lease with more than 12 years remaining on a 20-year term.
Where is this retail space located?
The property is located at 103 E Pleasant St Cynthiana, KY.
What are key features of this property?
This property features: Apple Market at 103 E Pleasant Street in Cynthia, KY.; Approx. 2,674 rentable SF building on an estimated 2,674‑acre parcel.; 20‑year absolute triple‑net (NNN) lease with more than 12 years remaining.
(332) 345-4222 Call to check price and availability
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