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
408 W Maumee St
Adrian, Michigan

$1,732,143 | 19,833 SF
Multi-Tenant
4025 24th Ave
Fort Gratiot, Michigan

$10,200,000 | 86,923 SF
Multi-Tenant
1830-1879 172nd Ave
Grand Haven, Michigan

$4,287,781 | 31,034 SF
Multi-Tenant
8747-8751 Brecksville Rd
Brecksville, Ohio

$3,213,174 | 10,603 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement