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T-Mobile & Koi Express 492 Indian Mound Dr

4,689 SF 100% Leased Retail Building Mount Sterling, KY 40353 £1,655,515 (£353/SF) 7% Net Initial Yield

Investment Highlights

  • 100% Occupied Two Tenant Retail Building
  • Newer 2021 Construction Priced Below Replacement Cost
  • Long Term Leases with Minimal Landlord Responsibilities

Executive Summary

NNN Pro and Bang Realty are pleased to present the exclusive listing for a T-Mobile & Koi Express located at 492 Indian Mound Drive, Mount Sterling, KY 40353. The site consists of roughly 4,689 rentable square feet of building space on an estimated 1.21-acre parcel of land.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
4,689 SF
Building Class
C
Year Built
2021
Price
£1,655,515
Price Per SF
£353
Net Initial Yield
7%
NOI
£115,886
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.09
Lot Size
1.21 AC
Zoning
B-2 - Highway Business
Parking
20 Spaces
Frontage
345 ft on Indian Mound Drive
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492 Indian Mound Dr, Mount Sterling, KY - aerial map view

Nearby Major Retailers

City National Bank Of West Virginia
Rent-A-Center
Kroger
Waffle House
Applebee's
Cook Out
Steak ‘n Shake
Cracker Barrel Old Country Store
Krystal
Apple Market

PROPERTY TAXES

Parcel Number 023-00-00-023.02 Improvements Assessment £0
Land Assessment £0 Total Assessment £1,193,128

PROPERTY TAXES

Parcel Number
023-00-00-023.02
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,193,128
(332) 345-4222

Contacts

  • Listing ID: 34226525

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 492 Indian Mound Dr, Mount Sterling, KY 40353

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492 Indian Mound Dr, Mount Sterling, KY for sale Building Photo- Image 1 of 3
492 Indian Mound Drive Mount Sterling, KY - Main
492 Indian Mound Dr, Mount Sterling, KY for sale Aerial- Image 2 of 3
492 Indian Mound Drive Mount Sterling, KY - Ariel

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© 2024 CoStar Group

T-Mobile & Koi Express | 492 Indian Mound Dr
(332) 345-4222 x

T-Mobile & Koi Express | 492 Indian Mound Dr

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Rocco Driscoll

(332) 345-4383

(332) 345-4383

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