Offering Memorandum
Investment Sale
Smokey Bones
7848 Mall Rd
Florence, Kentucky
Florence, Kentucky
eCode:041i
Sales Price
$1,909,492
NOI
$124,117
Cap Rate
6.50%
Lease Expiration
12/31/2025
Building Size
7,200 SF
Year Built
2005
Zoning
Commercial
Traffic Count
Mall Rd (16,043 CPD)
I-75, I-77 (82,082 CPD)
Highlights
- Strong Corporate Tenant
- Excellent Retail Location
- Demographics
- Absolute NNN Lease
- Long Term Occupancy
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 8,271 | 67,562 | 143,444 |
| Household Income | $95,334 | $99,746 | $109,285 |
| Daytime Pop | 6,465 | 34,005 | 64,134 |
SIMILAR PROPERTIES
Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Single-Tenant
2150 Executive Hills Ct
Auburn Hills, Michigan
$18,181,416 | 114,830 SF
Auburn Hills, Michigan
$18,181,416 | 114,830 SF