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1490 Flemingsburg Rd

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Home/KY/Morehead

1490 Flemingsburg Rd

Morehead, KY 40351
Asking Price
$1.45M
Asset Type
Retail
Class
Class B

What's Special

NAI Isaac is pleased to present a freestanding retail/flex building for sale in Morehead, Kentucky. <ul><li>​+/-8,463 SF freestanding retail/flex building on +/-1.198 AC </li><li>​Direct ingress/egress on Flemingsburg Road</li><li>​High visibility location with a daily traffic count of +/-28,905 VPD in front of the site</li><li>​Adjacent to Ace Hardware</li><li>​Owner occupant or private investor suitability</li><li>​Existing roll-up garage door with secure outdoor storage area</li><li>​Large wrap around front exterior patio</li><li>​Large monument signage position</li><li>​Less than 1 mile fr

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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706

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