1224 Carter Ave | Ashland, KY 41101
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1224 Carter Ave
Ashland, KY 41101
BOB EVANS - ASHLAND, KY · Retail Property For Sale
Investment Highlights
- Brand new 20-year Absolute NNN Lease with RARE 2% annual rental increases starting in the 5th lease year (May 1, 2027)!
- Successfully open & operating for decades with a convenient Downtown/ infill location with high barriers to entry!
- Traffic counts exceed 25,020 CPD!
- Bob Evans Restaurants, LLC operates ±439 locations
- Well-positioned on a large ±1-acre lot on Carter Ave, between 12th & 13th St (Hwy 60)
- 2023 DEMOGRAPHICS: Total Population (5-MI): 57,986 | Average Household Income (1-MI): $77,228
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,617 SF
Building Class
B
Year Built/Renovated
1987/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.32 AC
Zoning
C - Commercial
Frontage
357 ft on Carter Avenue
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 030-15-13-001.00 | Improvements Assessment | $2,966,690 |
| Land Assessment | $581,621 | Total Assessment | $3,548,310 |
PROPERTY TAXES
Parcel Number
030-15-13-001.00
Land Assessment
$581,621
Improvements Assessment
$2,966,690
Total Assessment
$3,548,310
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