Above-Market, Assumable Interest-Only Financing Available
-5yr, 3.70% I/O Debt, Yielding a 6.00% Return
-Low Leverage, Low Risk Profile Loan
-12yr Term & 30 Yr Amortization Following I/O Period
-Ideal for Exchange Buyers With Debt Requirements or Investors Seeking High-Credit Yield
About the Investment:
June 30, 2034
NNN Pro Group is pleased to present the exclusive listing for a development opportunity located at 64 Commerce in Hazard, KY. The property consists of approximately 0.40 acres of land
Location Highlights:
✓ Dense Retail Corridor | Walmart Supercenter, Tractor Supply Co., Lowe’s, GameStop, Dollar General, McDonald’s, Applebee’s, Big Lots, Taco Bell, Arby’s, CVS, Subway and Many More
✓ Strong Traffic Counts | Over 19,700 Vehicles and 17,500 Vehicles Per Day Along KY-15 and KY-80
✓ Walmart Supercenter | Redevelopment Opportunity Located in Same Plaza as Walmart Supercenter |Walmart Supercenter has Over 200k Monthly Visitors*
✓ Strong Academic Presence | Perry County Central High School and East Perry Elementary School Located within One-Mile Radius | Over 1,240 Students Enrolled
✓ Hospitality Accommodations | Holiday Inn Express & Suites, Hampton Inn & Suites and More Located within Two-Mile Radius of Redevelopment Opportunity
NNN Pro Group is pleased to present the exclusive listing for a Wendy’s located at 104
Black Gold Court in Hazard, Kentucky. The site consists of roughly 3,200 rentable
square feet of building space on estimated 1.35-acre parcel of land. This Wendy’s is
subject to a 20-year absolute triple-net (NNN) lease, which will commence at close of
escrow. The annual rent will be $95,000 and is scheduled to increase by 1.50%
annually throughout the base term and in each of the 6, 5-year renewal options.
About the Investment:
✓ Brand New 20-Year Sale Leaseback
✓ Triple Net (NNN) Lease with Zero Landlord Responsibilities
✓ Attractive Rental Increases | One and a Half Percent (1.50%) Annually Starting Year
Two
✓ Six (6) Tenant Renewal Periods of Five (5) Years Each
The NNN Pro Group in conjunction with Bang Realty is pleased to present the exclusive listing for a Zaxby’s located at 1133 Lexington Rd in Georgetown, Kentucky. The site consists of roughly 3,810 rentable square feet of building space on estimated 0.84-acre parcel of land. This Zaxby’s is subject to a 20-year absolute triple-net (NNN) lease, which commenced May 26th 2022. The current annual rent is $174,445 and is scheduled to increase by 2.00% annually starting in year 7 and in each of the 4, 5-year renewal options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Growing Franchisee | Credit to Chicken LLC
✓ Two Percent (2%) Rental Increases Occurring Annually Starting in Year Seven (7)
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
The NNN Pro Group is pleased to present the exclusive listing for the Zips Car Wash located at 7773 Dixie Highway, Louisville, KY 40258. The site will consist of roughly 3,222 rentable square feet of building space on estimated 0.86-acre parcel of land. The Zips Car Wash is subject to an absolute triple-net (NNN) lease that commenced on 12/28/2018. The initial annual rent will be $205,530 and is scheduled to increase by 1.00% annually throughout the base term and continuing through 6, 5-Year Options.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Approximately 14 Years Remaining
✓ 1.00% Rental Increases Occurring Annually
✓ Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
✓ This Property Qualifies for 15-Year Accelerated Depreciation as well as Bonus Depreciation
