Restaurant with Drive-Thru For
For Sale
$725,000
2030 Bypass Rd, Brandenburg, KY 40108
Recently renovated restaurant with drive-thru, ready for immediate occupancy.
Property Size3,000 SF
Price / SF$241.67
Days on Market238
Property Features for 2030 Bypass Rd
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Restaurant
Building Details
Building Size
3,000 SF
Listing Agency:
NAI Isaac
Listed By:
Zach Smith
(859) 333-8029
Source:
Thebrokerlist
Added: Feb 26
Changed: Oct 14
Last Checked: Oct 20 at 5:03PM
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 NAI Isaac
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Investment Insights
Based on property information with market context.
This is a +/-3,000 SF recently renovated second generation restaurant with a drive-thru. The property includes 39 existing on-site parking spaces. Immediate occupancy is available, making it suitable for an owner-user occupant. Area retailers include Kroger, Save-a-Lot, Big Lots, Dollar General, Walgreens, McDonald's, and Taco Bell. The property is located near Nucor Steel Brandenburg, a new 1,500,000 SF state-of-the-art steel plate mill located in the Buttermilk Falls Industrial Park, which employs 440 employees. Nucor represents a $1.7B capital investment with operating facilities in the United States, Canada, and Mexico. The property is located 46 miles southwest of Louisville.
Key Highlights
- Recently renovated +/-3,000 SF second generation restaurant with drive‑thru.
- Immediate occupancy and suited for owner‑user occupant.
- 39 existing on‑site parking spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,154
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,080
$703.1K
Cap Rate 7%
$502,200
$502.2K
Cap Rate 9%
$390,600
$390.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$50.4K $16.80/SF
− Vacancy
−$3.5K −$1.18/SF
EGI
$46.9K $15.62/SF
− OpEx
−$11.7K −$3.91/SF
NOI
$35.2K $11.72/SF
Area
Meade County, KY
Vacancy
7.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,080
Cap Rate 7%
$502,200
Cap Rate 9%
$390,600
Alternative Uses
Best Use
Specialty Retail
$502.2K
$439.4K – $585.9K
NOI $35,154 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$632.4K
$553.4K – $737.9K
NOI $44,271 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Groceries 40%
Dining 10%
Dollar General
Shops & Services
9,343 visits/mo
0.3 miles
Save-A-Lot
Groceries
7,385 visits/mo
0.3 miles
Dairy Queen
Dining
1,908 visits/mo
0.1 miles
Demographics for 40108, KY
12,601
Population
5,311
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
91%
High-School Grad
69.0 sq mi
ZIP Area
183
Density / Sq Mi
$71,480
Median Household Income
$45,238
Median Earnings
$836
Median Rent
$216,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Recently renovated restaurant with drive-thru, ready for immediate occupancy.
Where is this drive through restaurant located?
The property is located at 2030 Bypass Rd Brandenburg, KY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Recently renovated +/-3,000 SF second generation restaurant with drive‑thru.; Immediate occupancy and suited for owner‑user occupant.; 39 existing on‑site parking spaces.
