Raising Cane’s Absolute Sale Lease-Back

3,307,692
Lot Area: .78  Year Built: 2014

Cypress Property Group is pleased to present a Raising Cane’s investment opportunity located 1140 Barnes Mill Road in Richmond, Kentucky.

Overview


Price                                             $3,307,692


CAP Rate                                     6.5%


NOI                                               215,000


Lease Term Remaining            17.5


Lot Size                                       .78 Acres


Year Built                                    2014


 

Investment Highlights

  • Absolute Triple-Net (NNN) Investment Opportunity
  • Located directly in front of Richmond Centre-120 acre retail center
  • Richmond Center has over 800,000 square feet of retail space including department stores, speciality retailers, a bookstore, theatre and               restaurants. The center is anchored by Meijer, JC Penney, Belk, Cinemark, T.J Maxx, and Hastings
  • Highly accessible location- Located directly off Interstate 75
  • Compelling demographics- Richmond is home to Eastern Kentucky University which has an enrollment of 14,327 students

 

Marketing Package 

David Graves

David Graves is a founding Partner and Principal Broker of Cypress Property Group. He comes from a long line of industry experts - specializing in architecture, development and property management – which inspired an enthusiasm for all disciplines of commercial real estate at an early age. Over the years, that enthusiasm has evolved into an irrefutable passion. Integrity, ingenuity and…

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