Midas Auto
New
For Sale
$2,154,000
1486 Campbell Ln, Bowling Green, KY 42104
A new absolute NNN lease provides a 15-year initial term with extension options.
Property Size5,340 SF
Days on Market2
Property Features for 1486 Campbell Ln
General Information
Standard status
Active
Size
5,340 SF
Property subtype
Retail
Building Details
Building Size
5,340 SF
Year Built
1990
Tenancy
Single
Listing Agency:
SRS Real Estate Partners | Salt Lake City
Listed By:
Gary Chou
(714) 928-8016
Source:
Srsre
Added: Oct 19
Last Checked: Oct 19 at 2:38PM
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 SRS Real Estate Partners | Salt Lake City
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Investment Insights
Based on property information with market context.
The auto shop at 1486 Campbell Ln in Bowling Green, Kentucky, was built in 1990 and operates under the Midas name. The property is subject to a new absolute NNN lease with a 15-year initial term and two 10-year extension options. Rent increases by 10% every five years during the initial term and option periods.
BMOCBIZ Inc. guarantees the lease. The company operates 10 Midas franchise locations in Indiana and Kentucky and has been affiliated with the brand since 2007. The guaranty covers payment and performance and is absolute and unconditional.
BMOCBIZ Inc. guarantees the lease. The company operates 10 Midas franchise locations in Indiana and Kentucky and has been affiliated with the brand since 2007. The guaranty covers payment and performance and is absolute and unconditional.
Key Highlights
- New 15‑year absolute NNN lease with two (2) 10‑year extension options
- 10% rental increases every five years during the initial term and option periods
- Lease guaranty by BMOCBIZ Inc., a 10‑unit Indiana/Kentucky Midas franchisee
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
845k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 29%
Shops & Services 16%
Home Improvements & Furnishings 15%
Apparel 14%
Walmart
Superstores
149,324 visits/mo
0.5 miles
Target
Superstores
96,895 visits/mo
0.4 miles
Meijer
Groceries
68,622 visits/mo
0.3 miles
T.J. Maxx
Apparel
62,494 visits/mo
0.2 miles
Kohl's
Apparel
58,694 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
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Bluegrass Eco-Blasting — 1434 Boulder Ct, Bowling Green, KY 42104
- Walmart Auto Care Centers — 150 Walton Ave, Bowling Green, KY 42104
- Tech-Tune Inc. Auto Service Center — 1486 Campbell Ln, Bowling Green, KY 42104
- Bluegrass Transmission Center The Transmission Physician — 1520 Campbell Ln, Bowling Green, KY 42104
- Goodyear Champs Auto and Tire Center — 1740 campbell ln, bowling green, ky 42101
Frequently Asked Questions
What type of property is this?
Auto shop - A new absolute NNN lease provides a 15-year initial term with extension options.
Where is this auto shop located?
The property is located at 1486 Campbell Ln Bowling Green, KY.
What is the asking price?
The asking price for this property is $2,154,000.
What are key features of this property?
This property features: New 15‑year absolute NNN lease with two (2) 10‑year extension options; 10% rental increases every five years during the initial term and option periods; Lease guaranty by BMOCBIZ Inc., a 10‑unit Indiana/Kentucky Midas franchisee
