Cap Rate: 5.67%
Net Operating Income: $145,443.23
Square Footage: 3,700
Lot Size: 1.358 AC
Year Built: 2017
The Kase Group is pleased to offer the opportunity to acquire the 100% fee simple interest in an absolute NNN Bojangles’ restaurant. This a 15-year lease which commenced in November of 2017. The 100% fee simple interest in the underlying land and building is being offered. The tenant has three five-year options to renew with 1.25% increases annually throughout the base term and options.
Shepherdsville is a home rule-class city on the Salt River in Bullitt County, Kentucky, in the United States. It is the seat of its county, located just south of Louisville. The population was 11,222 during the 2010 U.S. Census.