Short-Term Lease with Landlord Termination Flexibility – The existing short-term lease provides immediate cash flow while preserving full redevelopment or repositioning optionality, with the Landlord retaining the right to terminate the lease on 150 days’ notice.
Absolute Triple Net (NNN) Structure – The tenant is responsible for all operating expenses, providing truly passive income with zero landlord responsibilities throughout the lease term.
Attractive Entry Basis – Offered at a compelling $750,000 purchase price, equating to approximately $274.42 per square foot, which is well below replacement cost for a drive-thru QSR asset.
Modern, Turn-Key Construction – Built in 2013, the property features contemporary construction standards, allowing for efficient re-tenanting and minimal capital expenditure for a future occupant.
Immediate Proximity to 527 Hotel Rooms – The property benefits from the seven hotels in the immediate area, which are major traffic drivers to the property providing a consistent consumer base.
Strong National Retail Synergy – The property is prominently positioned along Mammoth Cave Street and is surrounded by a concentration of national retailers, including Wendy’s, Pizza Hut, Taco Bell, Long John Silver’s/A&W, Sonic, Subway, and Shell, which drive consistent consumer traffic to the corridor.
Immediate Access to Major Transportation Arteries – Located just off the signalized intersection of Highway 65 and Kentucky 90 West, the property benefits from immediate proximity to a major interstate corridor connecting Nashville, TN and Louisville, KY.
High Traffic Exposure – The site is positioned directly off the highly trafficked I-65 corridor, which carries ±45,900 vehicles per day, and also benefits from substantial frontage along Mammoth Cave Street (Source: KYTC 2024).