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    Richmond, KY
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    Richmond, KY NNN Properties for Sale

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    NNN Property
    Updated: Aug 12
    NNN Property

    108 Forbes Ct, Richmond, KY 40475

    Contact for pricing
    6,720 sqft
    6,720 square feet of property size
    Existing NNN rent structure
    8% cap rate reflected in current valuation
    Located at 108 Forbes Ct, Richmond, KY 40475
    View details
    Richmond Auto Shop For Sale
    Updated: Jan 28
    Richmond Auto Shop For Sale

    376 Big Hill Ave, Richmond, KY 40475

    Contact for pricing
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Leased Office Building with Additional Lot
    Leased Office Building with Additional Lot

    479 Whirlaway Drive, Danville, KY 40422

    $1,025,781
    5,850 sqft 1.81 AC lot

    Fully leased office asset with long-term NNN commitments and a separate commercial lot included in the sale.

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    Leased Auto Shop Building
    Leased Auto Shop Building

    1031 Contract Street, Lexington, KY 40505

    Contact for pricing
    6,569 sqft 0.84 AC lot

    Auto shop on a leased, triple-net basis with a 20-year term that commenced in 2025.

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    BP Gas Station With Convenience Store
    BP Gas Station With Convenience Store

    2221 Richmond Road, Lexington, KY 40502

    Contact for pricing
    987 sqft

    BP-branded fuel and convenience facility under an absolute NNN lease along Richmond Road.

    View details
    Freestanding Cheddar's Restaurant NNN
    Freestanding Cheddar's Restaurant NNN

    2150 US-127, Danville, KY 40422

    Contact for pricing

    Freestanding single-tenant Cheddar’s Scratch Kitchen on a Walmart outparcel with an absolute NNN lease and Darden guarantee.

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    Richmond, KY Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Richmond, KY on our real estate platform. These investment opportunities span a total of 14,125 square feet of properties for sale.

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    Demographics Overview

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

    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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