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: 9/27/2017

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.

Financials

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)

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
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