Drive-Through Restaurant with Absolute NNN
For Sale
$800,000
809 US-60, Morganfield, KY 42437
Freestanding Subway drive-thru on U.S. Highway 60 with a long-term absolute NNN lease and multiple renewal options.
Property Size2,000 SF
Lot Size0.24 Acres
Price / SF$400
Days on Market14
Property Features for 809 US-60
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.24 Acres
Property subtype
Restaurant
Lease Type
NNN
Site & Location
Drive-Thru
Yes
Traffic Count
7,523 vehicles/day
Additional Details
Cap Rate
6%
Amenities
Brand-New 15-Year Absolute NNN Lease Commencing at Close of Escrow
Zero Landlord Responsibilities With Four (4) Five-Year Renewal Options
Scheduled 10% Rent Increases Every 5 Years
Backed by a High Net Worth Personal Guaranty
Adjacent to Walmart Supercenter, Tractor Supply Co., and Dollar Tree
Positioned Along U.S. Highway 60 (±7,523 VPD), Morganfield's Primary Commercial Corridor
Available Individually or as Part of the Nine-Property Subway Kentucky Portfolio
Building Details
Building Size
2,000 SF
Listing Agency:
Marcus & Millichap - Los Angeles
(310) 909-2394
Listed By:
Jason Fefer · License #License(s): CA: 02100489
(310) 909-2394
Source:
Marcusmillichap
Added: Jul 30
Changed: Aug 8
Last Checked: Aug 12 at 3:16AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Freestanding Subway drive-thru at 809 US 60 in Morganfield, Kentucky, available individually or as part of the nine-property Subway Kentucky Portfolio. The ±1,472-square-foot restaurant sits on ±0.24 acres and is structured as a brand-new 15-year absolute NNN lease commencing at close of escrow with zero landlord responsibilities. The lease includes four (4) five-year renewal options.
The property is located along U.S. Highway 60 with ±7,523 VPD on Morganfield’s primary commercial corridor, offering direct regional connectivity to Henderson, Owensboro, and Evansville. The site is adjacent to Walmart Supercenter, Tractor Supply Co., and DollarTree, supporting consistent daily traffic in the immediate trade area.
The transaction is supported by a personal guaranty, and the provided business terms indicate a 6.00% cap rate with scheduled 10% increases every five years.
The property is located along U.S. Highway 60 with ±7,523 VPD on Morganfield’s primary commercial corridor, offering direct regional connectivity to Henderson, Owensboro, and Evansville. The site is adjacent to Walmart Supercenter, Tractor Supply Co., and DollarTree, supporting consistent daily traffic in the immediate trade area.
The transaction is supported by a personal guaranty, and the provided business terms indicate a 6.00% cap rate with scheduled 10% increases every five years.
Key Highlights
- ±1,472‑square‑foot Subway drive‑thru on ±0.24 acres
- Brand‑new 15‑year absolute NNN lease with zero landlord responsibilities
- Four (4) five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
7,523 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 42437, KY
7,422
Population
3,108
Households
2.4
Avg Household Size
39
Median Age
14%
College-Educated
92%
High-School Grad
169.1 sq mi
ZIP Area
44
Density / Sq Mi
$64,464
Median Household Income
$37,762
Median Earnings
$827
Median Rent
$126,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding Subway drive-thru on U.S. Highway 60 with a long-term absolute NNN lease and multiple renewal options.
Where is this drive through restaurant located?
The property is located at 809 US-60 Morganfield, KY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: ±1,472‑square‑foot Subway drive‑thru on ±0.24 acres; Brand‑new 15‑year absolute NNN lease with zero landlord responsibilities; Four (4) five‑year renewal options
