Triple-Net Funeral Home
For Sale
Contact for pricing
879 S Main St, London, KY 40741
Standalone funeral home on an approximate 2.02-acre parcel, leased under an absolute 20-year NNN structure.
Property Size11,017 SF
Lot Size2.02 Acres
Days on Market122
Property Features for 879 S Main St
General Information
Standard status
Active
Size
11,017 SF
Lot size
2.02 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:41PM
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.
This property is a specialized standalone funeral home offering approximately 11,017 rentable square feet of building space on an estimated 2.02-acre parcel. The site is held under an absolute triple-net (NNN) lease with a 20-year term that commenced May 31, 2018.
The lease is scheduled to run through the base term with two (2) ten (10)-year renewal options. The current annual rent is $266,761, with annual increases of 1.80% throughout the base term and each renewal option.
The offering is presented as a long-term NNN investment tied to the London Funeral Home property at 879 S Main Street in London, Kentucky.
The lease is scheduled to run through the base term with two (2) ten (10)-year renewal options. The current annual rent is $266,761, with annual increases of 1.80% throughout the base term and each renewal option.
The offering is presented as a long-term NNN investment tied to the London Funeral Home property at 879 S Main Street in London, Kentucky.
Key Highlights
- Standalone London Funeral Home on an estimated 2.02‑acre parcel
- Approximately 11,017 rentable SF funeral home building
- Absolute 20‑year triple‑net (NNN) lease in place
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
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Business Placement
Demographics for 40741, KY
23,327
Population
10,344
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
207.6 sq mi
ZIP Area
112
Density / Sq Mi
$60,417
Median Household Income
$38,078
Median Earnings
$825
Median Rent
$155,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Standalone funeral home on an approximate 2.02-acre parcel, leased under an absolute 20-year NNN structure.
Where is this nnn property located?
The property is located at 879 S Main St London, KY.
What are key features of this property?
This property features: Standalone London Funeral Home on an estimated 2.02‑acre parcel; Approximately 11,017 rentable SF funeral home building; Absolute 20‑year triple‑net (NNN) lease in place
