Restaurant Property with Interstate
For Sale
Contact for pricing
8025 Action Blvd, Florence, KY 41042
Built in 2012 on a large site with on-site parking and direct access to I-71.
Property Size11,077 SF
Price / SF$212.15
Days on Market564
Property Features for 8025 Action Blvd
General Information
Standard status
Active
Size
11,077 SF
Property subtype
RETAIL
Listing Agency:
Legacy Real Estate Advisors
(248) 450-3257
Listed By:
Jaidyn Smith
(248) 450-3249
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Oct 8
Last Checked: Oct 16 at 8:52AM
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 Legacy Real Estate Advisors
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Investment Insights
Based on property information with market context.
This 11,077 SF restaurant property occupies a 1.6-acre site and was built in 2012. The building formerly operated as Quaker Steak & Lube and includes ample parking for restaurant operations. Direct access to I-71 supports convenient regional connectivity.
The property is an out parcel to Florence Mall within a dense retail corridor. Nearby national retailers include Kroger, Home Depot, Meijer, Goodwill, ROSS, and Best Buy. The site records 165,000+ vehicles passing daily and is a 12-minute drive from Cincinnati/Northern Kentucky International Airport.
The property is an out parcel to Florence Mall within a dense retail corridor. Nearby national retailers include Kroger, Home Depot, Meijer, Goodwill, ROSS, and Best Buy. The site records 165,000+ vehicles passing daily and is a 12-minute drive from Cincinnati/Northern Kentucky International Airport.
Key Highlights
- 11,077 SF restaurant building on a 1.6‑acre lot
- Built in 2012; formerly operated as Quaker Steak & Lube
- Direct access to I‑71 with 165,000+ vehicles passing daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,799
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,635,980
$2.6M
Cap Rate 7%
$1,882,843
$1.9M
Cap Rate 9%
$1,464,433
$1.5M
Market Conditions
NOI Build-Up for 11,077 SF
Gross rent
$182.1K $16.44/SF
− Vacancy
−$6.4K −$0.58/SF
EGI
$175.7K $15.86/SF
− OpEx
−$43.9K −$3.97/SF
NOI
$131.8K $11.90/SF
Area
Boone County, KY
Vacancy
3.50%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,635,980
Cap Rate 7%
$1,882,843
Cap Rate 9%
$1,464,433
Alternative Uses
Best Use
Specialty Retail
$1.88M
$1.65M – $2.20M
NOI $131,799 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.05M
$2.67M – $3.56M
NOI $213,742 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
981k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 29%
Shops & Services 24%
Dining 22%
Groceries 9%
Kroger
Groceries
86,598 visits/mo
0.4 miles
Macy's
Apparel
72,737 visits/mo
0.3 miles
Florence 14 Cinemark
Leisure
62,778 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
59,833 visits/mo
0.3 miles
T.J. Maxx
Apparel
52,995 visits/mo
0.3 miles
Demographics for 41042, KY
54,183
Population
23,640
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
22.1 sq mi
ZIP Area
2,452
Density / Sq Mi
$75,582
Median Household Income
$43,501
Median Earnings
$1,240
Median Rent
$210,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built in 2012 on a large site with on-site parking and direct access to I-71.
Where is this conventional restaurant located?
The property is located at 8025 Action Blvd Florence, KY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 11,077 SF restaurant building on a 1.6‑acre lot; Built in 2012; formerly operated as Quaker Steak & Lube; Direct access to I‑71 with 165,000+ vehicles passing daily
