6,810 sf Clarksville Restaurant Building For Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30145023
Property Subtypes: Restaurant
Building Size (RSF): 6,810 SF
Sale Price: $1,200,000
Unit Price: $176.21 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/8/2018

Overview / Comments

This property is currently leased to O'Charley's Restaurant until 06-30-19 for $9,473.78 monthly NNN (no options past end of lease); Owner will sell for $1,200,000 or will lease at $9,500 NNN monthly (space may be available prior to 06-30-19/see agent); also includes a large pole sign visible from I-65; APPROXIMATELY: 6,810 sf building and 1.31 acre site.


Finance Data Year 2015
Real Estate Taxes - Annual($) $41,295 (Annual)
Tax Value Land $924,000
Tax Value Improvements $452,500
Assessed Value - Total($) $1,376,500 (Annual)

Additional Details

Nearest MSA: Louisville-Jefferson County
County: Clark
Tax ID/APN: 10-24-03-200-136.000-013 & 10-24-03-200-169.000-013
Zoning: B-2
Retail Clientele: General, Family, Traveler
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1994
Construction/Siding: Brick
Parking Type: Surface
Lot Frontage: 240
Lot Depth: 238
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LINCOLN PARK BLK B LOTS 20, 21, 22, 23, 24, 25, 38, 39, 40, 41, & 42 CLARKSVILLE TIF (53)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,662 69,571 183,010
Median Age: 39.05 38.36 37.66
Households: 3,199 29,332 76,959
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.