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Submitted URL: https://go.ten-x.com/e/667613/-29801785-6545799-2023Dec11-NA/6djqn/612736639/h/jr7LzTuT9ZyJLCZJalAFUbPLQ0cNEiCoOXsTan...
Effective URL: https://www.ten-x.com/listing/8025-Action-Blvd/29801785?utm_source=Pardot&utm_medium=Email&utm_campaign=CREWeekly-Asse...
Submission: On November 20 via api from US — Scanned from DE
Effective URL: https://www.ten-x.com/listing/8025-Action-Blvd/29801785?utm_source=Pardot&utm_medium=Email&utm_campaign=CREWeekly-Asse...
Submission: On November 20 via api from US — Scanned from DE
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* Properties * Brokers * Sellers * Buyers * Login/Sign Up * Battle of the bids * Properties * Brokers * Sellers * Buyers * Careers * About Us * Help Center * Battle of the bids * Contact:(888) 770-7332Mon-Fri 9am-8pm ET © 2023 CoStar Group Retail / Freestanding FULLY LEASED BY INVESTMENT-GRADE TENANTS View Map 8025 ACTION BLVD, FLORENCE, KY 41042 -------------------------------------------------------------------------------- Broker Co-op available: Register Here Transaction Fee: Learn More Broker Co-Op PROPERTY INFORMATION Asset Type: Property Primary Property Type: Retail Primary Sub-Type: Freestanding Building Size (Sq. Ft.): 35,647 Year Built: 2012 Occupancy: 100% Lot Size (Acres): 3.2978 Parking Count: 239 8025 Action Blvd boasts prominent visibility along Interstates 71 and 75 in a densely populated suburb a few miles outside Downtown Cincinnati. Fully leased, absolute NNN investment with an attractive 2% annual rent increase and multiple five-year renewal options. Nearly 70,000 residents within a three-mile radius have tallied a consumer spending total of over $800 million year-to-date in 2023. ONLINE AUCTION Dec 12 - Dec 14, 2023 BIDDING STARTS IN 21d 22h:44m DATA ROOM DOCUMENTS REGISTER TO BID Tom ChichesterBlvd Real Estate Investment Co.Broker Contact(714) 318-3955 Send Email Nick DArgenzioBlvd Real Estate Investment Co.Broker Contact(818) 281-7893 Send Email Zac LuckeyTen-XAsset Manager(949) 264-8565 Send Email Auctioneer License Ten-X Samantha Corbat RE Brkr 281541 Arlene Richardson Auctioneer 274628 Property Id6545799 Event Item2023-Dec-11 Investment Opportunity COSTAR ANALYTICS DATA ROOM PROPERTY INFORMATION 8025 Action Blvd boasts prominent visibility along Interstates 71 and 75 in a densely populated suburb a few miles outside Downtown Cincinnati. Fully leased, absolute NNN investment with an attractive 2% annual rent increase and multiple five-year renewal options. Nearly 70,000 residents within a three-mile radius have tallied a consumer spending total of over $800 million year-to-date in 2023. Premier investment opportunity with zero landlord responsibilities within a destination retail trade area. 8025 Action Blvd is surrounded by national retailers, including Kroger, Barnes & Noble, Raising Cane's, Olive Garden, and more. Primary Property Type Retail Occupancy 100% Year Built 2012 Floors 1 Lot Size (Acres) 3.2978 Parking Count 239 Zoning Designation B2 Common Amenities Freeway Visibility, Pylon Sign, Restaurant, Signage Floor Plate Size (Sq. Ft.) 35,647 Primary Sub-Type Freestanding Type of Ownership Fee Simple Building Class Class C Assessor's Parcel Number 061.00-00-121.00 Property ID 6545799 Building Size (Sq. Ft.) 35,647 Parking Ratio 6.7 Building Coverage Ratio 0.25 Tenancy Multi Primary Property Type Retail Primary Sub-Type Freestanding Occupancy 100% Type of Ownership Fee Simple Year Built 2012 Building Class Class C Floors 1 Assessor's Parcel Number 061.00-00-121.00 Lot Size (Acres) 3.2978 Property ID 6545799 Parking Count 239 Building Size (Sq. Ft.) 35,647 Zoning Designation B2 Parking Ratio 6.7 Common Amenities Freeway Visibility, Pylon Sign, Restaurant, Signage Building Coverage Ratio 0.25 Floor Plate Size (Sq. Ft.) 35,647 Tenancy Multi DETAILED DESCRIPTION BLVD Real Estate Co., in tandem with Ten-X, is pleased to offer the two-tenant, NNN leased investment opportunity at 8025 Action Boulevard in Florence, Kentucky. This 35,647-square-foot offering is home to two investment-grade national tenants, Harley-Davidson and Quaker Steak & Lube, who have been under lease for over a decade. Originally constructed in 2012 across 3.3 acres, 8025 Action Boulevard boasts immense synergy that promotes and sustains market success. Quaker Steak & Lube has nine years remaining on its lease term, while Harley-Davidson’s term runs through October 2027. Each tenant’s lease features an attractive 2% increase and three five-year renewal options. 8025 Action Boulevard is strategically located along the Interstate 71 and Interstate 75 corridor. This optimal placement provides tenants premier accessibility via multiple US highways and nearby state routes, allowing them to service nearby suburbs. The property sees over 150,000 vehicles traveling along the interstate each day. 8025 Action Boulevard is an outparcel of the sprawling Florence Mall, a 972,371-square-foot regional shopping center with more than 100 stores and multiple anchor tenants. Florence Mall is a two-level enclosed shopping center serving an estimated four million visitors annually. The property is part of a heavily trafficked and densely developed retail corridor, home to national and regional retailers, including Costco Wholesale, T.J. Maxx, Chipotle, Five Guys, Home Depot, Kohl’s, Sam’s Club, Target, Walmart and more. 8025 Action Boulevard sits about 12 miles southwest of Downtown Cincinnati and eight miles from the Cincinnati-Northern Kentucky International Airport. Listed by Scott Reid, ParaSell Inc. KY License #260934 Online Auction Nov 27 - 29, 2023 Retail Broker Co-Op Starting Bid $2,450,000Double Net Leased Cabela's in St. Louis 5555 SAINT LOUIS MILLS BLVD, HAZELWOOD, MO 63042 Online Auction Nov 27 - 29, 2023 Retail Starting Bid $950,000Cash-Flowing Corner Building in North Beach 1234-1268 GRANT AVE, SAN FRANCISCO, CA 94133 Online Auction Nov 27 - 29, 2023 Retail Broker Co-Op Starting Bid $950,000Credit Anchor NNN Retail Center San Diego MSA 607 W 9TH AVE, ESCONDIDO, CA 92025 Online Auction Nov 27 - 29, 2023 Retail Starting Bid $850,000Prime, Freestanding Net Lease Retail near WVU 80 MONCO ST, WESTOVER, WV 26501 Online Auction Nov 27 - 29, 2023 Retail Broker Co-Op Starting Bid $850,000High Occupancy Revenue-Generating Mixed-Use 6959 LINDA VISTA RD, SAN DIEGO, CA 92111 Online Auction Nov 27 - 29, 2023 Retail Broker Co-Op Opportunity Zone Starting Bid $800,000Pacific Center | Retail Strip South of Vegas 10-18 W PACIFIC AVE, HENDERSON, NV 89015 Online Auction Nov 27 - 29, 2023 Retail Starting Bid $600,000Dollar General NNN 30 N ALBANY AVE, ATLANTIC CITY, NJ 08401 Online Auction Nov 27 - 29, 2023 Retail Starting Bid $600,000Cash-Flowing Mixed-Use Asset Near Manhattan 8201-8205 BERGENLINE AVE, NORTH BERGEN, NJ 07047 Online Auction Nov 27 - 29, 2023 Retail Financing Available Opportunity Zone Starting Bid $300,000Value-Add Modern Quick Service Restaurant 909 S THOMPSON ST, SPRINGDALE, AR 72764 VIEW ALL SIMILAR © 2023 CoStar Group All PropertiesOfficeMultifamilyRetailHotelIndustrialOther BrokersSellersBuyers CareersAbout ContactHelp Center(888) 770-7332MON-FRI 9AM-8PM ET LicensingPrivacyTerms of UseCA: Do Not Sell My Personal InfoParticipation TermsSitemap Live chat:Chat with an Expert