Back to Search

Retail Property with Established Tenant

133 Three Springs Rd, Bowling Green, KY

View on Map

For Sale

Contact for pricing

Retail property subleased to Parlor Doughnuts with long-term lease.

Type:RETAIL

Property size:

3,808 SF

Lot size:

1.00 Acre

HighLights

High 6.5% Cap Rate
Long‑term absolute net lease expiring July 31, 2032
Current Net Operating Income (NOI) of $174,610
Subleased to Parlor Doughnuts
7% rent increases every 5 years
Three 5‑year renewal options

We can help!

Listing Contact

Debby Peeples

Learn more

For Sale

Contact for pricing

Retail property subleased to Parlor Doughnuts with long-term lease.

Type:RETAIL

Property size:

3,808 SF

Lot size:

1.00 Acre

Added:: Nov 25, 2025
Days on Market:: 198
Last Refresh:: May 20 at 9:00 pm

Property Features for 133 Three Springs Rd

General Information

Standard status: Active
Size: 3,808 SF
Lot size: 1.00 Acre
Property subtype: RETAIL

We can help!

Listing Contact

Debby Peeples

Listing agent Debby Peeples License #FL SL3145813

Listing office Neal Turner Realty

Listing date Nov 25, 2025

Source Moodyscre

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 Neal Turner Realty

HighLights

High 6.5% Cap Rate
Long‑term absolute net lease expiring July 31, 2032
Current Net Operating Income (NOI) of $174,610
Subleased to Parlor Doughnuts
7% rent increases every 5 years
Three 5‑year renewal options

Overview

This retail property is currently subleased to Parlor Doughnuts. The property operates under a long-term absolute net lease, featuring 7% rent increases every 5 years and three 5-year renewal options. The lease is set to expire on July 31, 2032. The current net operating income (NOI) is $174,610. The rent is scheduled to increase to $186,833.39 in August 2027. The property size is 3,808 square feet and has a cap rate of 6.5%.

Location Intelligence

Current Use by Public Records

Parlor Doughnuts Bowling ... Bakery

Suggested Use

Location Insight

Map
Local Demand

City: Bowling Green
County: Warren
State: Kentucky
Longitude: -86.4214
Latitude: 36.9369

Nearby Similar for Sale

$1,250,000

8,819 SF

Insulated Warehouse in Bowling Green

8819 SF warehouse in industrial park, ideal for manufacturing.

2737 Pioneer Drive, Bowling Green, KY 42104

View Details
$1,695,000

9,500 SF

Modern Office Building on Scottsville Road

Multi-tenant office building in Bowling Green, fully occupied and well-located.

6115 Scottsville Road, Bowling Green, KY 42104

View Details
$889,500

4,090 SF

Move-in Ready Office Space

Office space equipped for healthcare operations in Bowling Green, KY.

996 Wilkinson Trace, Bowling Green, KY 42103

View Details
$1,990,000

14,500 SF

Office/Warehouse on 1.91 Acres

14,500 SF office/warehouse near I-65 and Transpark.

550 Kelly Road, Bowling Green, KY 42101

View Details
$2,495,000

20,000 SF

Warehouse and Office Space Building

20,000 Sq Ft warehouse and office space on 1 acre.

1349 Adams Street, Bowling Green, KY 42101

View Details
$4,500,000

31,200 SF

Bowling Green Commercial Opportunity

Prime commercial property in high-demand Bowling Green retail corridor.

2625 Scottsville Road, Bowling Green, KY 42104

View Details
$362,500

2,000 SF

Bowling Green Leased Office Space

Leased 2,000 SF office space in downtown Bowling Green.

728 College Street, Bowling Green, KY 42101

View Details
$179,900

Historic General Store Opportunity

Landmark general store with restaurant and salon equipment included.

7455 Plano Road, Bowling Green, KY 42104

View Details
$349,900

2,200 SF

Bowling Green Commercial Building For Sale

Commercial building near WKU campus with long-term tenant.

1403 Adams Street, Bowling Green, KY 42101

View Details
$2,125,000

Two 8-Plex Apartment Buildings

Two eight-unit apartment buildings totaling 16 two-bedroom, two-bath units, built 2014-2015.

415 & 429 Upper Stone Avenue, Bowling Green, KY 42101

View Details
$424,900

784 SF

Updated Property on High-Traffic Bypass

Updated property near WKU, ideal for business or residential use.

1338 US 31 W Bypass, Bowling Green, KY 42101

View Details
$1,500,000

New Eight-Unit Multifamily Investment

New 8-plex near town with strong rental income potential.

338 Hillview Mills, Bowling Green, KY 42101

View Details

What type of property is this?

Storefront property - Retail property subleased to Parlor Doughnuts with long-term lease.

Where is this storefront property located?

The property is located at 133 Three Springs Rd Bowling Green, KY.

What are key features of this property?

This property features: High 6.5% Cap Rate; Long‑term absolute net lease expiring July 31, 2032; Current Net Operating Income (NOI) of $174,610

133 Three Springs Rd, Bowling Green, KY

Retail property subleased to Parlor Doughnuts with long-term lease.

Property Features for 133 Three Springs Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Insulated Warehouse in Bowling Green

Modern Office Building on Scottsville Road

Move-in Ready Office Space

Office/Warehouse on 1.91 Acres

Warehouse and Office Space Building

Bowling Green Commercial Opportunity

Bowling Green Leased Office Space

Historic General Store Opportunity

Bowling Green Commercial Building For Sale

Two 8-Plex Apartment Buildings

Updated Property on High-Traffic Bypass

New Eight-Unit Multifamily Investment

FAQs

Create New Password