Restaurant
Twin Peaks - Voted #1 Operator in the Chain in 2024
6835 Houston Rd, Florence, KY 41042
Listing Price: $4,921,875
Cap Rate
6.40%
Tenant Name
Twin Peaks
Guarantor
Franchisee Guarantee
Rentable SF
8,091
Lease Type
Absolute Net
Rent Per Square Feet
$38.93
Investment Overview
6835 Houston Rd., Florence, KY
Twin Peaks - Voted #1 Operator in the Chain in 2024
Investment Highlights
- 20-YEAR ABSOLUTE-NET LEASE | ZERO LANDLORD RESPONSIBILITIES Brand-New 20-Year Term At COE · Absolute-NNN Structure With No Landlord Expense Exposure.
- 10% RENT INCREASES EVERY 5 YEARS + FOUR 5-YEAR OPTIONS Contractual Growth Every Five Years Through Options, Supporting Steady NOI Escalation.
- 8-UNIT FRANCHISEE GUARANTY + PERSONAL GUARANTY (FIVE-YEAR BURN-OFF) Lease Guaranteed By An 8-Unit Operator With An Additional Personal Guaranty That Burns Off After Year 5.
- FREESTANDING 8,091 SF LODGE ON 2.26 ACRES (2006 CONSTRUCTION) Large Parcel With Ample Parking On A Dominant Restaurant/Retail Corridor (Houston Rd / KY-842).
- FLAGSHIP RETAIL NODE: COSTCO, TARGET & WALMART IN IMMEDIATE TRADE AREA Costco, Target, And Walmart Supercenter Anchor Regional Draw Around Mall Rd / Houston Rd.
- PROVEN TRAFFIC | DIRECT ACCESS TO I-75/71 KYTC Project Docs Cite Houston Rd (KY-842) With ~16,700 VPD On The Segment Serving The Corridor; Immediate Connectivity To I-75/I-71.
- AIRPORT & LOGISTICS POWERHOUSE IN PROXIMITY CVG Set A Passenger Record In 2024 (9.2M, +5% YoY) And Is The #6 Cargo Airport In North America / #12 Globally (2023) — Home To Amazon Air's $1.5B Hub And DHL's Ongoing $292M Expansion (+300 Jobs).
Exclusively Listed By
Broker of Record
Listing Price: $4,921,875
Cap Rate
6.40%
Tenant Name
Twin Peaks
Guarantor
Franchisee Guarantee
Rentable SF
8,091
Lease Type
Absolute Net
Rent Per Square Feet
$38.93
Investment Highlights
- 20-YEAR ABSOLUTE-NET LEASE | ZERO LANDLORD RESPONSIBILITIES Brand-New 20-Year Term At COE · Absolute-NNN Structure With No Landlord Expense Exposure.
- 10% RENT INCREASES EVERY 5 YEARS + FOUR 5-YEAR OPTIONS Contractual Growth Every Five Years Through Options, Supporting Steady NOI Escalation.
- 8-UNIT FRANCHISEE GUARANTY + PERSONAL GUARANTY (FIVE-YEAR BURN-OFF) Lease Guaranteed By An 8-Unit Operator With An Additional Personal Guaranty That Burns Off After Year 5.
- FREESTANDING 8,091 SF LODGE ON 2.26 ACRES (2006 CONSTRUCTION) Large Parcel With Ample Parking On A Dominant Restaurant/Retail Corridor (Houston Rd / KY-842).
- FLAGSHIP RETAIL NODE: COSTCO, TARGET & WALMART IN IMMEDIATE TRADE AREA Costco, Target, And Walmart Supercenter Anchor Regional Draw Around Mall Rd / Houston Rd.
- PROVEN TRAFFIC | DIRECT ACCESS TO I-75/71 KYTC Project Docs Cite Houston Rd (KY-842) With ~16,700 VPD On The Segment Serving The Corridor; Immediate Connectivity To I-75/I-71.
- AIRPORT & LOGISTICS POWERHOUSE IN PROXIMITY CVG Set A Passenger Record In 2024 (9.2M, +5% YoY) And Is The #6 Cargo Airport In North America / #12 Globally (2023) — Home To Amazon Air's $1.5B Hub And DHL's Ongoing $292M Expansion (+300 Jobs).
Investment Overview
6835 Houston Rd., Florence, KY
Exclusively Listed By
Broker of Record
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