2415 Nashville Rd Bowling Green, KY 42101-4030
- Banks
- 2,150 SF
- 0.91 lot acres
Jan 02, 2025
Current Use by Public Records
- Independence Bank / Bank / Atm
Property Details for 2415 Nashville Rd
- Year built
- 2004
- Construction
- FRAME
- Lot size
- 0.91 lot acres
- Property size
- 2,150 SF
- Property type
- Banks
- APN
- 041B-02-005
- APU
- 041B02005
Description
This exceptional investment opportunity presents a newly constructed (2024) Chipotle restaurant in Bowling Green, KY, boasting a 15-year net lease with a corporate guarantee from Chipotle Mexican Grill, Inc. The 2,325 square foot building features a modern design, including a Chipotlane drive-thru and outdoor patio. Located at 2415 Nashville Rd, this property benefits from high traffic counts (over 40,000 vehicles per day) at a busy intersection, providing excellent visibility and accessibility. Its prime location is directly across from a Kroger, Starbucks, and McDonald's, ensuring high foot traffic and strong consumer demand. The lease includes four, five-year renewal options with a 10% rent increase every five years. The property's strong tenant, long-term lease, and limited landlord responsibilities (tenant pays all taxes, insurance, and utilities, landlord responsible for roof and structure only) make this a compelling investment with a 5.50% cap rate and a net operating income (NOI) of $189,875. Bowling Green's growing economy, fueled by automotive manufacturing and healthcare, further enhances the property's long-term value. The asking price is $3,452,272. Parcel number is 041-B-02-005.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,170,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bowling Green
- County
- Warren
- State
- Kentucky
- Longitude
- -86.4693
- Latitude
- 36.9613
- CBSA code
- 14540
- CBSA name
- BOWLING GREEN, KY METROPOLITAN STATISTICAL AREA
