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926 S Lincoln Blvd
Hodgenville, KY 42748
Asking Price
$1.73M
Cap Rate
6.25%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Low Price Point // Absolute NNN <ul><li>Single-tenant, absolute triple-net (NNN) Burger King</li><li>Prime Hodgenville location along South Lincoln Boulevard (U.S. 31E), the city's dominant commercial corridor and Lincoln Heritage Scenic Highway</li><li>Hodgenville is the birthplace of President Abraham Lincoln, anchored by the Abraham Lincoln Birthplace National Historical Park, The Lincoln Museum, and the Knob Creek Boyhood Home - driving year-round tourist traffic</li><li>LaRue County trade area of approximately 15,000
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NOI
$80,000
Cap Rate
4.63%
DSCR
0.78
Underwater
Cash-on-Cash
-4.36%
Monthly Payment
$8,549.201
Annual Cash Flow
$-22,590.414