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Auto Dealership Property 1070 Versailles Rd

23,987 SF Retail Building Frankfort, KY 40601 $6,953,166 CAD ($290 CAD/SF)

Investment Highlights

  • Existing tenant Frankfort Ford lease expires November 2026

Executive Summary

NAI Isaac is pleased to present a prime investment opportunity on Versailles Road in Frankfort. Currently a Ford dealership that can be repositioned into another car dealership or redevelopment after November 2026. Current Lease Expiration: 11/2026. Annual Rent: $300,000/year on absolute net basis (no Landlord repair and maintenance responsibilities). An Average Daily Traffic count of +/-27,413 VPD on Versailles Road.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
23,987 SF
Building Class
C
Year Built
2000
Price
$6,953,166 CAD
Price Per SF
$290 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
5.93 AC
Zoning
CH - Commercial Highway
Parking
251 Spaces (10.46 Spaces per 1,000 SF Leased)
Frontage
594 ft on Versailles Road

Nearby Major Retailers

Waffle House
Farmers Bank
Rent-A-Center
Fifth Third Bank
The Kroger Co
Starbucks
Buffalo Wild Wings
Planet Fitness
Sonny"s Real Pit Bar B-Q
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
086-30-09-007.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,799,944 CAD
  • Listing ID: 32436806

  • Date on Market: 2024-07-12

  • Last Updated:

  • Address: 1070 Versailles Rd, Frankfort, KY 40601

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