Wings Etc. Net-Leased
For Sale
Contact for pricing
35 Russell Plaza Dr, Ashland, KY 41101
Purpose-built 2019 facility with absolute NNN structure and tenant responsibility for property expenses.
Property Size4,030 SF
Lot Size1.02 Acres
Days on Market142
Property Features for 35 Russell Plaza Dr
General Information
Standard status
Active
Size
4,030 SF
Lot size
1.02 Acres
Property subtype
Retail
Building Details
Year Built
2019
Buildings
1
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Nathan Whalen · License #IN AB21402364
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 11:18AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This Wings Etc. restaurant comprises 4,030 square feet on approximately 1.02 acres. Completed in 2019 as a purpose-built facility, the property offers a relatively recent building with no deferred maintenance identified in the available information. The lease places responsibility for property expenses, the roof, structure, and HVAC unit with the tenant.
The original 15-year lease began July 1, 2019, and runs through June 30, 2034. Contractual rent increases are set at 2% annually during the initial term and throughout four five-year renewal options. This absolute net lease structure limits landlord obligations and provides a defined framework for ongoing occupancy and expense responsibility.
The original 15-year lease began July 1, 2019, and runs through June 30, 2034. Contractual rent increases are set at 2% annually during the initial term and throughout four five-year renewal options. This absolute net lease structure limits landlord obligations and provides a defined framework for ongoing occupancy and expense responsibility.
Key Highlights
- 4,030‑square‑foot restaurant building completed in 2019
- Approximately 1.02‑acre site
- Absolute net lease with tenant responsibility for expenses, roof, structure, and HVAC
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
145k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 42%
Apparel 3%
Home Improvements & Furnishings 3%
Hobby Lobby
Shops & Services
40,972 visits/mo
0.5 miles
Taco Bell
Dining
21,535 visits/mo
0.3 miles
IHOP
Dining
16,883 visits/mo
0.4 miles
Wendy's
Dining
15,555 visits/mo
0.3 miles
Speedway
Shops & Services
14,702 visits/mo
0.4 miles
Demographics for 41101, KY
18,559
Population
9,269
Households
2
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,802
Density / Sq Mi
$53,491
Median Household Income
$35,713
Median Earnings
$907
Median Rent
$120,100
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 - Purpose-built 2019 facility with absolute NNN structure and tenant responsibility for property expenses.
Where is this nnn property located?
The property is located at 35 Russell Plaza Dr Ashland, KY.
What are key features of this property?
This property features: 4,030‑square‑foot restaurant building completed in 2019; Approximately 1.02‑acre site; Absolute net lease with tenant responsibility for expenses, roof, structure, and HVAC
