Offering Memorandum

Investment Sale

Smokey Bones

7848 Mall Rd
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
18555 Silver Pkwy
Fenton, Michigan

$2,476,190 | 8,160 SF
Single-Tenant
8791 KY-1
Grayson, Kentucky

$1,321,920 | 9,190 SF
Multi-Tenant
4157-4245 E Court St
Burton, Michigan

$8,800,000 | 135,170 SF
Multi-Tenant
115 S Reynolds Rd
Toledo, Ohio

$2,280,000 | 23,100 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement