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
219 Jari Dr
Johnstown, Pennsylvania
$4,814,457 | 19,200 SF
Johnstown, Pennsylvania
$4,814,457 | 19,200 SF
Multi-Tenant
17000 Kercheval Ave
Grosse Pointe, Michigan
Unpriced | 78,058 SF
Grosse Pointe, Michigan
Unpriced | 78,058 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan
$4,428,571 | 10,000 SF
Grand Rapids, Michigan
$4,428,571 | 10,000 SF