2549 Bend RdHebron, KY 41048

For Sale
$985,000

High-traffic Burger King, NNN lease, strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a freestanding Burger King restaurant located at 2549 N Bend Rd, Hebron, KY 41048. The property, built in 2000, encompasses 2,796 square feet on a 1.91-acre lot. The property benefits from a triple-net (NNN) lease, absolving the owner of all landlord responsibilities, including taxes, insurance, and maintenance. The current tenant, Burger King, is backed by a corporate guarantee, ensuring consistent income. The lease commenced on August 10, 2004, and currently has a remaining term of approximately 0.1 years, followed by four, five-year renewal options with a 10% rent increase at the beginning of each option period. The current Net Operating Income (NOI) stands at $170,030. This location enjoys exceptional visibility and accessibility, situated along a major commuter corridor (I-275) with high daily traffic volumes exceeding 56,000 and 38,000 vehicles. The property's strategic location offers significant potential for long-term growth and return on investment. The asking price for this lucrative opportunity is $985,000. The property's APN is 036.00-00-057.02 & 036.00-00-057.01. This is a single-tenant property with 100% occupancy. The property is operated by Carrols Restaurant Group, a major US franchisee.

Highlights

  • Freestanding Burger King with long-term operational history.
  • Triple-net (NNN) lease; zero landlord responsibilities.
  • Tenant responsible for all expenses (taxes, insurance, maintenance).
  • Operated by Carrols Restaurant Group, a major US franchisee.
  • Four 5-year renewal options with 10% rent increases.
  • High-traffic location on I-275 (56,000+ and 38,000+ VPD).

Property Details for 2549 Bend Rd

Property type
Other retail properties, Restaurants
Square Feet
2,796 SF
Year Built
2000
Buildings
1
Lot Size (sq. ft)
83,200 SF

Location Insight

City
Hebron
County
Boone
State
Kentucky
Latitude
39.0771879
Longitude
-84.7059958
2549 Bend Rd, Hebron, Kentucky

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2549 Bend Rd
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