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    7220 Burlington Pike

    Florence, KY 41042
    • $3,100,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 552985
    UPDATED: 140 min ago
    $3,100,000
    • 0
      BEDS
    • 1.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2007
    County:
    Area:

    School Ratings & Info

    Description

    9 tenants, 7 long term. Great mix of solid tenants. The property is in great condition with a long history of occupancy. This center is in an excellent location- great investment- 7.4 cap rate- owner wants to retire.

    Monthly Payment Calculator



    © 2021 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Chabris Group, Keller Williams Seven Hills are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2021-09-24T23:49:22.03.
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    7220 Burlington Pike Florence, KY 41042

    • Price: $3,100,000
    • Status: Active
    • Updated: 140 min ago
    • ID#: 552985
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.44
    Acres
    2007
    Built
    Neighborhood:
    Florence
    County:
    Boone
    Area:
    Florence
    Property Description
    9 tenants, 7 long term. Great mix of solid tenants. The property is in great condition with a long history of occupancy. This center is in an excellent location- great investment- 7.4 cap rate- owner wants to retire.
    Exterior Features

    Construction Materials Aluminum SidingBrickMetal SidingConcrete Exterior Features Lighting Foundation Details Slab Frontage Length 274 Levels One Lot Size Dimensions 274X135 Parking Features AsphaltLightedOn SiteParking LotPrivate Road Frontage Type County Road Roof Metal

    Interior Features

    Basement None Basement YN No Building Area Total 13788 Cooling Central Air Cooling YN Yes Flooring Concrete Heating Forced AirGas Heating YN Yes Inclusions

    Property Features

    Business Type Retail Community Features Sidewalks Gross Income 269350 Leasable Area 13788 Lease Considered YN No Net Operating Income 228928 New Construction YN No Other Expense 25144 Owner Pays Common Area MaintenanceExterior MaintenanceInsuranceSewerTaxesTrash CollectionWater Ownership Corporate Possible Use Mixed UseRestaurant Property Sub Type Retail Property Sub Type Additional Retail Security Features Security SystemFire Sprinkler SystemSmoke Detector(S) Sewer Public Sewer Tax Annual Amount 15278 Tenant Pays ElectricityGas Utilities Natural Gas Available Water Source Public Zoning Description Commercial

    Courtesy of Re/Max Victory + Affiliates. © 2021 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. Information has not been verified, is not guaranteed, and subject to change.


    © 2021 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than The Chabris Group, Keller Williams Seven Hills are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2021-09-24T23:49:22.03.
     
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    The Chabris Group, Keller Williams Seven Hills
    8040 Hosbrook Rd Suite 107
    Cincinnati OH, 45236