2549 Bnd Rd Hebron, KY 41048-8714
- Drive through restaurants
- 2,736 SF
- 1.65 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 2549 Bnd Rd
- Year built
- 1999
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.65 lot acres
- Property size
- 2,736 SF
- Property type
- Drive through restaurants
- APN
- 036.00-00-057.02
- APU
- 36000005702
Description
This exceptional investment opportunity presents a freestanding Burger King restaurant located at 2549 N Bend Rd, Hebron, KY 41048. The property, built in 2000, encompasses 2,796 square feet on a 1.91-acre lot. The property benefits from a triple-net (NNN) lease, absolving the owner of all landlord responsibilities, including taxes, insurance, and maintenance. The current tenant, Burger King, is backed by a corporate guarantee, ensuring consistent income. The lease commenced on August 10, 2004, and currently has a remaining term of approximately 0.1 years, followed by four, five-year renewal options with a 10% rent increase at the beginning of each option period. The current Net Operating Income (NOI) stands at $170,030. This location enjoys exceptional visibility and accessibility, situated along a major commuter corridor (I-275) with high daily traffic volumes exceeding 56,000 and 38,000 vehicles. The property's strategic location offers significant potential for long-term growth and return on investment. The asking price for this lucrative opportunity is $985,000. The property's APN is 036.00-00-057.02 & 036.00-00-057.01. This is a single-tenant property with 100% occupancy. The property is operated by Carrols Restaurant Group, a major US franchisee.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hebron
- County
- Boone
- State
- Kentucky
- Longitude
- -84.7074
- Latitude
- 39.078
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
