3715 Dixie Hwy - Freestanding FOR SALE


Erlanger, KY 41018
$1,072,000 USD
512-430-4466
3715 Dixie Hwy, Erlanger, KY for Sale
$1,072,000 USD
Freestanding - FOR SALE
1/3
null | 6.5% Cap Rate

3715 Dixie Hwy
Erlanger, KY 41018


HIGHLIGHTS

  • CREDIT TENANT – Advance Stores Company, Incorporated (NYSE: AAP) is a nationally recognized auto parts retailer with a robust presence
  • LONG-TERM TENANT COMMITMENT – This year, the tenant demonstrated their strong dedication to this location by executing a 10 year lease extension
  • ESTABLISHED OPERATING HISTORY – Advance Auto Parts has successfully operated at this location since its original Built-to-Suit construction
  • MAJOR DEVELOPMENTS NEARBY – The property is situated less than two miles from Elsmere’s new $100 million, 270,000 SF distribution center
  • HIGHWAY 75 PROXIMITY – Strategically positioned just one mile from I-75, a major north-south corridor linking Cincinnati, Louisville, and Lexington
  • STRONG RETAIL LOCATION – Ideally situated on Dixie Hwy, the second-largest thoroughfare in the Southwestern Cincinnati MSA

OVERVIEW

Broker of Record Kyle Matthews License No. 239410 (KY) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,072,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

35,998 SF

ZONING

-

APN/PARCEL ID

003-40-25-002.00

ASK ABOUT THIS PROPERTY

Christian BeckerMatthews Real Estate Investment ServicesMore Info
512-430-4466

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Christian BeckerMatthews Real Estate Investment ServicesMore Info
512-430-4466

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