3912 Dixie Hwy - Convenience Store FOR SALE
Elsmere, KY 41018 |
$1,754,143 USD
425-274-6696
3912 Dixie Hwy
Elsmere, KY 41018
HIGHLIGHTS
- Corporate lease signed by Family Dollar Stores of Kentucky, LTD — 7,100+ locations nationwide.
- Absolute NNN lease with zero landlord responsibilities — 100% passive income.
- 10% rental increases in each of the Six, 5-year options to hedge against inflation.
- Essential retail anchor serving secondary and tertiary markets — less e-commerce risk.
- Adjacent to CVG Airport, one of the fastest-growing cargo and logistics hubs in North America.
- Located at Dixie Hwy & McAlpin Ave — minutes from I-75 and I-275 with ±43,000 VPD.
FOR SALE DETAILS
PRICE
$1,754,143 USD
PRICE/SF
$191 USD /SF
CAP RATE
8.45%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
1.18 AC
LAND SF
51,401 SF
ZONING
-
APN/PARCEL ID
003-40-10-034.00,003-40-10-035.00
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425-274-6696
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425-274-6696
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