492 Indian Mound Dr, Mount Sterling, KY

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group g***@nnnpro.com Show Phone

Listing date Jan 9, 2025

Source Moodyscre

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Overview

This is a 100% occupied, two-tenant retail building leased to T-Mobile and Koi Express Hibachi & Sushi. The property was newly constructed in 2021 and has a 15-year warranty on the roof. T-Mobile is operating on a 10-year lease with approximately 7 years remaining on the initial term. Koi Express is operating on a 10-year lease with approximately 9 years of term remaining. The building is priced below replacement cost and recent appraisal. The property contains 4,689 square feet and is located in Mount Sterling, KY.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Mount Sterling

County

Montgomery

State

Kentucky

Longitude

-83.9523

Latitude

38.0681

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FAQs

What type of property is this?

Retail space - 100% occupied retail building with long-term leases in place.

Where is this retail space located?

The property is located at 492 Indian Mound Dr Mount Sterling, KY.

What are key features of this property?

This property features: 100% Occupied with Two Established Tenants: T‑Mobile and Koi Express; Long‑Term Leases in Place with ~7 Years Remaining for T‑Mobile and ~9 Years for Koi Express; Newer 2021 Construction featuring a 15‑Year Roof Warranty