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

Multi-Tenant
17000 Kercheval Ave
Grosse Pointe, Michigan

Unpriced | 78,058 SF
Multi-Tenant
1203-1273 N Commerce Rd
Commerce Twp, Michigan

Unpriced | 9,848 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan

$4,769,231 | 10,000 SF
Multi-Tenant
1701 Sunrise Hwy
Bay Shore, New York

$13,019,080 | 6,025 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement