Jiffy Lube Frankfort, KY

1335 Versailles Road
Frankfort, KY

Price: $3,258,000
Cap Rate: 5.60%
NOI: $182,443
Building Size: Approx. 4,042 Sq. Ft.
Lot Size: Approx. 0.79 Acres
Type: Single-Tenant / Retail
Sub Category: Automotive Service
Year Built: 2020

Investment Overview

  • 2020 Construction. 4,042+/- SF Building on 0.79+/- Acre Site
  • 15-Yr Corp Absolute NNN Lease w/ 10% Rent Bump Every 5-Yrs
  • Strategically Located Along US-60 (37K VPD) Near I-64 (70K VPD) and HW-421 (29K VPD)
  • Subject Property is Only 3 Miles from Kentucky State University (2,500 Students)
  • Near Tractor Supply, Planet Fitness, Goodwill, Kohl’s, Michaels, Cracker Barrel
  • Strong Income Demographics w/ est. $94,853 within a 1-Mile Radius
  • Frankfurt  |  Capital of Kentucky  |  Population: 27,000+