Absolute NNN Restaurant
For Sale
Contact for pricing
133 Three Springs Rd, Bowling Green, KY 42104
Bojangles property with long-term lease structure, renewal options, and scheduled rent increases.
Property SizeContact for details
Days on Market144
Property Features for 133 Three Springs Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
5.35%
Highway Access
Yes
Building Details
Year Built
2016
Listing Agency:
Boutique National LLC
(813) 967-6077
Listed By:
Nick Ganey · License #FL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 8:29AM
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 Boutique National LLC
Investment Insights
Based on property information with market context.
This 2016-built restaurant property is occupied by Bojangles under an absolute NNN lease. The agreement provides more than 10 years remaining on the initial term, with expiration scheduled for July 31, 2032, along with 3-5 year renewal options and 7% rent increases every 5 years.
The property is positioned at a signalized intersection near I-65 exit 22 in Bowling Green, Kentucky. Bojangles operates more than 780 locations, and the site is associated with the chain’s largest and most successful franchisee. The lease structure and established restaurant occupancy provide a clearly defined commercial property profile for investors evaluating net-leased restaurant assets.
The property is positioned at a signalized intersection near I-65 exit 22 in Bowling Green, Kentucky. Bojangles operates more than 780 locations, and the site is associated with the chain’s largest and most successful franchisee. The lease structure and established restaurant occupancy provide a clearly defined commercial property profile for investors evaluating net-leased restaurant assets.
Key Highlights
- Absolute NNN lease with more than 10 years remaining on the initial term
- Initial lease expires July 31, 2032
- 7% rent increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
734k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Superstores 19%
Shops & Services 15%
Groceries 10%
Sam's Club
Superstores
117,555 visits/mo
0.4 miles
Kroger
Groceries
65,545 visits/mo
0.4 miles
Cabela's
Apparel
57,123 visits/mo
0.2 miles
Chick-fil-A
Dining
52,298 visits/mo
0.2 miles
Texas Roadhouse
Dining
43,288 visits/mo
0.3 miles
Demographics for 42104, KY
37,309
Population
17,619
Households
2.1
Avg Household Size
36
Median Age
42%
College-Educated
91%
High-School Grad
58.0 sq mi
ZIP Area
643
Density / Sq Mi
$73,975
Median Household Income
$39,433
Median Earnings
$980
Median Rent
$282,600
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 - Bojangles property with long-term lease structure, renewal options, and scheduled rent increases.
Where is this nnn property located?
The property is located at 133 Three Springs Rd Bowling Green, KY.
What are key features of this property?
This property features: Absolute NNN lease with more than 10 years remaining on the initial term; Initial lease expires July 31, 2032; 7% rent increases every 5 years
