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
4007 S Saginaw St
Burton, Michigan

$1,440,441 | 10,996 SF
Single-Tenant
4101 Telegraph Rd
Bloomfield Hills, Michigan

$3,517,046 | 7,144 SF
Multi-Tenant
51347-51405 Gratiot Ave
Chesterfield Twp, Michigan

$9,696,488 | 66,964 SF
Multi-Tenant
22004-22128 Farmington Rd
Farmington, Michigan

Unpriced | 85,168 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement