2059 Walmart Way - Restaurant FOR SALE
Radcliff, KY 40160 |
$1,822,000 USD
602-412-3775
2059 Walmart Way
Radcliff, KY 40160
HIGHLIGHTS
- Absolute NNN Lease – Tenant is responsible for paying all Taxes, Insurance, and Maintenance, providing an investor complete passive ownership.
- Corporate Guarantee – The lease benefits from a Corporate Guarantee from parent company, Dine Brands Global (NYSE: DIN).
- New Corporate Lease – Dine Brands Global, Inc. recently brought the subject property under its corporate umbrella in May 2025.
- Annual Rent Increases – The lease features 1.50% annual rent increases providing the landlord a hedge against inflation.
- Walmart Supercenter Adjacent – The property is situated on Walmart Way, adjacent to a high-traffic Walmart Supercenter.
- Proximity to Fort Knox – The property is located near the main gate of Fort Knox, a major U.S. Army installation.
FOR SALE DETAILS
PRICE
$1,822,000 USD
PRICE/SF
$338 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
APPLEBEE'S
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,276 SF
ZONING
-
APN/PARCEL ID
159-20-00-106.01
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602-412-3775
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602-412-3775
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