10035 Dixie Hwy
Louisville, KY
Price:
$1750000
Cap Rate:
7.75%
NOI:
$135,600
Building Size:
Approx. 12000 Sq. Ft.
Lot Size:
Approx. 2.78 Acres
Type:
Single-Tenant / Retail
Sub Category:
Fast Casual
Year Built / Renovated:
2009 / 2015
Investment Overview
- Recently Renovated | 12,000+/- SF Building on 2.78+/- Acre Site
- 20-Yr Absolute NNN Lease, w/ 10% Rent Bumps Every 5-Yrs
- Located along Dixie Hwy (37,311 VPD) | Excellent Pylon Signage
- Strong Sales (Above System Avg.) | Recently Expanded Bldg. to meet demand
- Near Walmart, Kroger, Walgreen’s, AutoZone, Taco Bell, KFC, McDonald’s
- Area Attractions: Fort Knox | Kentucky Derby | Woodford Reserve Distillery | Louisville Slugger Field
- 10-Miles S of University of Louisville (22,300 Stud.) | 11-Miles SW from Louisville International Airport
- Louisville ranks No. 2 “Best Places to Live” – Money Magazine | $1.1 billion Tourism Economic Impact
- 5-Mile Radius: 2015 Estimated Population: 91,845 l 3-Mile Average Household Income: $60,847
- Louisville – Jefferson County MSA: 28th most populous city in the US | Population: 1,262,261