4724 Dixie Hwy
Louisville, KY
Price:
$2065000
Cap Rate:
7.25%
NOI:
$149,683
Building Size:
Approx. 2426 Sq. Ft.
Lot Size:
Approx. 0.47 Acres
Type:
Single-Tenant / Retail
Sub Category:
Pawn / Check Cashing
Year Built:
2017
Investment Overview
- 2017 Construction | 2,426+/- SF Building on 0.47+/- Acre Site
- New 15-Year Corp NNN Lease w/ 10% Rent Bumps Every 5-Years’
- Located along Dixie Hwy (58,000 VPD), just S of I-264 (100,000 VPD)
- Near Kroger, Aldi, PNC, Texas Roadhouse, McDonald’s, Raising Cane’s
- Local Attractions: Kentucky Durby | Muhammad Ali Center | KFC Yum! Center
- 5-Miles SW of University of Louisville (22,300 Enro) | 10-Miles S of Downtown
- 5-Mile Radius: 2016 Estimated Pop: 196,003 | 3-Mile Average HH Income: $50,730
- Louisville (MSA) Population: 1,262,261 | Tourism Annual Eco Impact: $1.1 Billion