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Huddle House | Campbellsville, KY

$1,228,346

398 Campbellsville Bypass, Campbellsville, KY 42718

Pending
Last Updated: 12/20/2021

6.54

Cap Rate

78,000

NOI

Details:
Cap Rate:    6.54%
NOI:    $78,000
Building Size:    1,816 sqft
Lot Area:    1.31 acres
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    2006
Price Per Sqft:    $676.40
Tenancy:    Single
Year Last Renovated:    2018
Gross Leaseable Area:    1,816
Lease Expire Year:    03/01/2033
Highlights:
  • Absolute-Net Lease | Over 12-Years Remaining | Three-(3), 5-Year Options
  • Located off Campbellsville Bypass with 9,700+ VPD and Near Broadway Street with 17,400+ VPD
  • Situated Near Several Traffic Drivers: Multiple Schools with 2,700+ Total Students
  • Within Proximity to Multiple Walmart Supercenter, Autozone, Dollar Tree, McDonald’s, & More...
  • Strong Demographics | 19,500+ Residents | 7,800+ Households | AHHI of $54,100+ | Within 5-Miles
Description:

Marcus & Millichap is pleased to present the Huddle House located at 398 Campbellsville Bypass in Campbellsville, Kentucky. The property consists of an approximately 1,816-square foot building and is situated on 1.31 ± acres.

The Huddle House currently has 17-years remaining on a new Absolute-net lease. The current annual rent is $78,000 and is scheduled to increase one percent annually. The Lease is equipped with 5, 5-year options.

The property is located near multiple schools, including Campbellsville University, with over 12,000+ students. There are multiple national tenants within proximity to Huddle House, including Tractor Supply Co, Kroger, Dollar General, and more.

Map:
Documents:
Title
Huddle_House_-_Campbellsville__KY_2021.pdf
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