311 S Dixie Hwy - Fast Food FOR SALE


Radcliff, KY 40160
$2,354,000 USD
502-442-7079
311 S Dixie Hwy, Radcliff, KY for Sale
$2,354,000 USD
Fast Food - FOR SALE
1/9
null | 5.95% Cap Rate

311 S Dixie Hwy
Radcliff, KY 40160


HIGHLIGHTS

  • 13 Years+ Remaining | Options To Extend | Scheduled 10% Rental Increases | Strong Franchisee
  • Absolute NNN Lease Structure | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong Tenant Synergy
  • Strong S Dixie Boulevard Frontage (25,400 VPD)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Franchisee guaranteed lease with over 13 years of primary lease term remaining, ensuring secure long-term cash flow • The lease includes four (4) additional five-year renewal options and 10% rent increases every five years, providing steady NOI growth and a built-in hedge against inflation • The tenant, ABTB Louisville, LLC, is a proven franchisee with a strong operational track record and a portfolio of 44+ units under management

FOR SALE DETAILS

PRICE

$2,354,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell | 13+yrs Remain Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

CROSS STREETS

S Wilson Rd

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

C

APN/PARCEL ID

160-40-03-051

ASK ABOUT THIS PROPERTY

Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.