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Richmond, KY NNN Properties for Sale

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Richmond Auto Shop For Sale
Updated: Jan 28
Richmond Auto Shop For Sale

376 Big Hill Ave, Richmond, KY 40475

$3,111,111
7,405 sqft · 0.61 AC lot
20‑year Triple Net (NNN) lease commenced 2/20/2025, providing a long‑term, low‑management investment.
Current annual rent of $210,000 offers immediate income.
Scheduled annual rent increases of 2.00% starting 3/1/2031 provide increasing returns.
Located at 376 Big Hill Ave, Richmond, KY 40475, on Main Street.
Approximately 7,405 rentable square feet building size.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Dollar General NNN Investment Property
Dollar General NNN Investment Property

Peoples, KY 40447

$1,478,070
10,640 sqft · 1.35 AC lot

NNN Dollar General with 14 years remaining on lease.

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Dollar General Market Investment Opportunity
Dollar General Market Investment Opportunity

596 S Main St, Brodhead, KY 40409

$1,699,970
12,687 sqft

Dollar General Market in Brodhead, KY with 13 years remaining.

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New Development Dollar General Market
New Development Dollar General Market

Peoples, KY 40447

$1,643,545
12,480 sqft · 3.50 AC lot

New Dollar General Market concept store with long-term NNN lease.

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Dollar General Market NNN Lease
Dollar General Market NNN Lease

596 S Main St, Brodhead, KY

$1,699,970
12,480 sqft · 18.54 AC lot

NNN leased Dollar General Market with over 14 years remaining.

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Richmond, KY Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Richmond, KY on our real estate platform. These investment opportunities span a total of 7,405 square feet of properties for sale, with an estimated market value of $3,111,111.

Sale prices for triple net lease properties in Richmond, KY start at $3,111,111, averaging $3,111,111, and reaching up to $3,111,111 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 65K
Population Growth (5Y) +5.8%
Median Household Income $62,731
College Educated 26.2%

High-Yield Neighborhoods for Investment

Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40475 $3.1M

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $5.99 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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