Richmond Auto Shop For
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376 Big Hill Ave, Richmond, KY 40475
7,405 SF auto shop with NNN lease in Richmond.
Property Size7,405 SF
Lot Size0.61 Acres
Price / SF$420.14
Days on Market206
Property Features for 376 Big Hill Ave
General Information
Standard status
Active
Size
7,405 SF
Lot size
0.61 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Net Operating Income
$210,000
Building Details
Year Built
2001
Tenancy
Single
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #B200300608
Source:
Crexi
Added: Jan 28
Changed: Aug 21
Last Checked: Aug 21 at 10:00AM
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 Bang Realty
Investment Insights
Based on property information with market context.
The property at 376 Big Hill Ave, Richmond, KY 40475, features a 7,405 square foot building on approximately 0.61 acres of land. It is currently operating as a Main Street Auto. The property is subject to a 20-year Triple Net (NNN) lease, which began on 2/20/2025. The current annual rent is $210,000, with scheduled increases of 2.00% annually starting 3/1/2031.
Key Highlights
- 20‑year Triple Net (NNN) lease commenced 2/20/2025, providing a long‑term, low‑management investment.
- Current annual rent of $210,000 offers immediate income.
- Scheduled annual rent increases of 2.00% starting 3/1/2031 provide increasing returns.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
166k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 31%
Home Improvements & Furnishings 5%
Office Supplies 4%
Hobby Lobby
Shops & Services
32,821 visits/mo
0.5 miles
Dollar Tree
Shops & Services
28,526 visits/mo
0.4 miles
Five Below
Shops & Services
21,031 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
20,146 visits/mo
0.5 miles
SONIC Drive In
Dining
14,917 visits/mo
0.4 miles
Demographics for 40475, KY
62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Tow Truck Richmond KY : Towing Service — 830 eastern bypass, richmond, ky 40475
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- Walmart Auto Care Centers — 820 Eastern Bypass, Richmond, KY 40475
- 247 Towing Service & Tow Truck- Richmond, KY — 830 Eastern Bypass, Richmond, KY 40475
Frequently Asked Questions
What type of property is this?
Auto shop - 7,405 SF auto shop with NNN lease in Richmond.
Where is this auto shop located?
The property is located at 376 Big Hill Ave Richmond, KY.
What is the asking price?
The asking price for this property is $3,111,111.
What are key features of this property?
This property features: 20‑year Triple Net (NNN) lease commenced 2/20/2025, providing a long‑term, low‑management investment.; Current annual rent of $210,000 offers immediate income.; Scheduled annual rent increases of 2.00% starting 3/1/2031 provide increasing returns.
