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FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION
RETAIL INVESTMENT OPPORTUNITY
Fully Functional Restaurant
Great Signage - Pylon63,000+ ADT
The information contained herein is proprietary and confidential. It is intendedonly for the use of the party receiving it from Barronm Commercial Group. and isnot to be duplicated or distributed to any other party without the written approvalof Barronm Commercial Group.
The purpose of this analysis is to provide summary information to prospectiveinvestors and to establish a preliminary level of interest in the property. THEINFORMATION IS NOT A SUBSTITUTE FOR A THOROUGH DUE DILIGENCEINVESTIGATION BY THE PROSPECTIVE INVESTOR. Although the informationcontained herein has been secured by sources believed to be reliable, BarronmCommercial Group. makes NO REPRESENTATION OF WARRANTY, EXPRESS OFIMPLIED, AS TO THE ACCURACY OF THE INFORMATION, including but not limited tonumber of legal units, income and expenses of the property; projected financialperformance of the property; size and square footage of the property; presence orabsence of contaminating substances, lead, PCB’s or asbestos; compliance with theAmericans with Disabilities Act; physical condition or age of the property orimprovements’ suitability for a prospective investors’ intended us; or financialcondition of occupancy plans of tenant. Barronm Commercial Group. has notconducted an investigation for verified the information.
ALL POTENTIAL INVESTORS ARE RESPONSIBLE TO TAKE APPROPRIATE STEPS TOVERIFY ALL INFORMATION SET FORTH HEREIN AND CONDUCT THEIR OWNTHOROUGH DE DILIGENCE BEFORE PURCHASING THE PROPERTY. Potentialinvestors assume all risk for any inaccuracies or inconsistencies.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE ALLOW 24-48HOUR NOTICE IN SCHEUDLING YOUR SHOWING.
CONTENTS CONFIDENTIALITY & DISCLAIMER
PRESENTED BY
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representationabout it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performanceof the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction thesuitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the expresswritten content of the owner is prohibited.
PROPERTY INFORMATION 3
LOCATION INFORMATION 8
DEMOGRAPHICS 11
Managing DirectorO: 270.926.1101 x170C: 270.313.2444E: [email protected]
BO BARRON, CCIM
Managing BrokerO: 270.926.1101 x140C: 270.993.8177E: [email protected]
WILLIAM G. BARRON, CCIM
PROPERTY INFORMATION1
Executive Summary
Property Description
Complete Highlights
Additional Photos
4
OFFERING SUMMARY
Sale Price: $2,150,000
Lot Size: 1.44 Acres
Year Built: 2007
Building Size: 8,250 SF
Zoning: B-4 General Business
Market: Owensboro, KY
Submarket: Hwy 54 Corridor
Price / SF: $260.61
PROPERTY OVERVIEWFully functional and turn-key restaurant built in 2007. Great signage andpossibly the most visible restaurant location in Owensboro, KY. The restaurantis split into two sections. One is a sports bar and the other is a family stylesports-themed restaurant. There is a private room that can handle privateparties of 75+.
Restaurant is being sold with hood system, ice machine, and some other tradefixtures including 30+ wall mounted TVs.
PROPERTY HIGHLIGHTS• 63,000+ ADT
• Great Signage - Pylon
• Fully Functional Restaurant
• Visibility from Freeway
FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION | 8,250 SF | OWENSBORO, KY
PROPERTY INFORMATION1
5
PROPERTY OVERVIEW
Fully functional and turn-key restaurant built in 2007. Greatsignage and possibly the most visible restaurant location inOwensboro, KY. The restaurant is split into two sections. One isa sports bar and the other is a family style sports-themedrestaurant. There is a private room that can handle privateparties of 75+.
Restaurant is being sold with hood system, ice machine, andsome other trade fixtures including 30+ wall mounted TVs.
LOCATION OVERVIEW
The Hwy 54 Corridor is the hottest retail market in Owensboro.Over the last 10 years, more than 1 million square feet havebeen developed, with over 500,000 sf more in the pipeline. WithWalmart, Kohls, and all the restaurants and retailers popping uparound them, this corridor now has the highest traffic counts inall of Western Kentucky. Beyond that, this corridor has thehighest median income, the most new rooftops, and the twolargest apartment developments in Owensboro - both havingbeen built in the last few years. Simply put, if you are a retaileror restaurant, this is where you want to be.
FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION | 8,250 SF | OWENSBORO, KY
PROPERTY INFORMATION1
6
SALE HIGHLIGHTS
• 63,000+ ADT
• Great Signage - Pylon
• Fully Functional Restaurant
• Visibility from Freeway
FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION | 8,250 SF | OWENSBORO, KY
PROPERTY INFORMATION1
7
FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION | 8,250 SF | OWENSBORO, KY
PROPERTY INFORMATION1
LOCATION INFORMATION2
Location Maps
Retailer Map
9
FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION | 8,250 SF | OWENSBORO, KY
LOCATION INFORMATION2
10
FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION | 8,250 SF | OWENSBORO, KY
LOCATION INFORMATION2
DEMOGRAPHICS3
Demographics Map & Report
12
POPULATION 1 MILE 5 MILES 10 MILES
Total population 3,485 65,337 100,877
Median age 36.7 39.8 39.3
Median age (Male) 35.7 37.3 36.8
Median age (Female) 37.4 41.9 41.5
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total households 1,365 26,946 40,853
# of persons per HH 2.6 2.4 2.5
Average HH income $48,483 $53,860 $53,156
Average house value $131,546 $128,364 $130,858
* Demographic data derived from 2010 US Census
FULLY FUNCTIONAL STAND ALONE RESTAURANT - PRIME LOCATION | 8,250 SF | OWENSBORO, KY
DEMOGRAPHICS3