400 Fairdale Rd., Fairdale, KY 40118

Commercial property for sale

  • Description
  • INVESTMENT OPPORTUNITY! The property has existing Dairy Queen as tenant, they have a 5 year renewal taking the lease term to 2016. Constructed in 1979, the building has been renovated since to reflect the new DQ Grille & Chill. Corner property, excellent visibility and this restaurant serves the trade area. Population within a 3 mile radius is 24,570 per the CCIM Site to Do Business. This is a solid investment opportunity. Current NOI is $60,000 with October 2011 5 year renewal, CAP Rate is 8.89%. Building price details: $675,000.
  • Property Details
  • Building Name: Dairy Queen
    Property Type: Retail
    Use Types: Restaurant
    Status: Available
    Price: $ 223 +/SF
    Number of Stories: 1
    Year Built: 1979
    MSA: Louisville-Jefferson County
    Zoning: C-2
    Buildings: 1
    Tenancy: Single Tenant
    Construction: Brick
    Terms: Cash to Seller
    Added: 01/03/2012
    Last Update: 02/10/2012
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • 502-426-1300 [Office]
  • Note
  • Details Info about this row that located on 400 Fairdale Rd., Fairdale, KY 40118 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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