Absolute NNN Ground-Leased
627 Buttermilk Pike, Crescent Springs, KY 41017
For Sale
Contact for pricing
Scheduled rent increases and tenant extension options are part of the absolute NNN lease structure.
Property Size4,300 SF
Price / SF$1,139
Days on Market15
Property Features for 627 Buttermilk Pike
General Information
Standard status
Size
Property subtype
Additional Details
Traffic Count
Tenant in Place
Listing Agency:
STREAM Capital Partners
(312) 899-6664
Listed By:
Phil DiGennaro · License #RES.0804114
(203) 610-1541
Source:
Moodyscre
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 8 at 4:33AM
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 STREAM Capital Partners
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Investment Insights
Based on property information with market context.
The 4,300-square-foot property is subject to an absolute NNN ground lease. The lease provides for 10% rent increases every five years and includes eight tenant extension options. The improvements are newly delivered.
Located at 627 Buttermilk Pike in Crescent Springs, the property fronts a commuter corridor with reported traffic of approximately 34,000 vehicles per day. Average household income within a one-mile radius is approximately $122,600.
Located at 627 Buttermilk Pike in Crescent Springs, the property fronts a commuter corridor with reported traffic of approximately 34,000 vehicles per day. Average household income within a one-mile radius is approximately $122,600.
Key Highlights
- Absolute NNN ground lease
- 4,300 square feet of newly delivered improvements
- 10% rent increases every five years
Property Analytics
Who owns this building?
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Current Use
Lease Details
34,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
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Business Placement
Demographics for 41017, KY
40,333
Population
16,569
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
1,903
Density / Sq Mi
$100,645
Median Household Income
$51,808
Median Earnings
$985
Median Rent
$278,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Scheduled rent increases and tenant extension options are part of the absolute NNN lease structure.
Where is this nnn property located?
The property is located at 627 Buttermilk Pike Crescent Springs, KY.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Absolute NNN ground lease; 4,300 square feet of newly delivered improvements; 10% rent increases every five years
