Building Details

Tenancy Single

Listing Agency: Marathon Property Group, LLC

Listed By: Andrew Ziffer · License #168762

Source: Crexi

Added: Aug 25 Changed: Sep 9 Last Checked: Sep 9 at 3:57PM

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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 Marathon Property Group, LLC

Investment Insights

Based on property information with market context.

This freestanding 2,100-square-foot drive-through restaurant occupies 0.41 acres at 530 US-62 West in Princeton, Kentucky. The property is leased under an Absolute NNN structure, with the tenant responsible for taxes, insurance, maintenance, repairs, the roof, foundation, and structural components. Lease economics include annual 1.5% increases and four 5-year renewal options. The tenant’s two principals provide joint-and-several personal guaranties.

The restaurant sits along U.S. Highway 62 in Princeton’s main retail area, with drive-through access and prominent exposure. Nearby businesses include Kroger, Tractor Supply, Sonic, Dunkin’, O’Reilly Auto Parts, and Advance Auto Parts. Placer.ai data for May 1, 2025 through April 30, 2026 places the location in the 79th percentile nationally among Taco John’s restaurants and the 88th percentile within Kentucky, with a #2 Kentucky ranking by foot traffic.

Key Highlights

• Freestanding 2,100 SF drive‑through restaurant on 0.41 acres
• Absolute NNN structure covers taxes, insurance, maintenance, repairs, roof, foundation, and structural elements
• Annual 1.5% rent increases with four 5‑year renewal options

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Electrical Service Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

219

Businesses Nearby

127k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 53% Apparel 21% Shops & Services 17% Home Improvements & Furnishings 7%

McDonald's Dining

17,594 visits/mo 0.4 miles

Marshalls Apparel

15,010 visits/mo 0.1 miles

SONIC Drive In Dining

14,445 visits/mo 0.2 miles

Taco John's Dining

10,002 visits/mo 0.1 miles

Hardee's Dining

9,128 visits/mo 0.3 miles

Demographics for 42445, KY

11,009

Population

4,913

Households

2.2

Avg Household Size

43

Median Age

17%

College-Educated

88%

High-School Grad

261.3 sq mi

ZIP Area

42

Density / Sq Mi

$54,024

Median Household Income

$41,970

Median Earnings

$724

Median Rent

$111,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Absolute NNN lease structure assigns taxes, insurance, maintenance, repairs, roof, foundation, and structural obligations to the tenant.

Where is this drive through restaurant located?

The property is located at 530 US-62 West Princeton, KY.

What is the asking price?

The asking price for this property is $1,857,000.

What are key features of this property?

This property features: Freestanding 2,100 SF drive‑through restaurant on 0.41 acres; Absolute NNN structure covers taxes, insurance, maintenance, repairs, roof, foundation, and structural elements; Annual 1.5% rent increases with four 5‑year renewal options