4703 Dixie Hwy - Fast Food FOR SALE


Louisville, KY 40216- Shively
$1,083,000 USD
502-442-7074
4703 Dixie Hwy, Louisville, KY for Sale
$1,083,000 USD
Fast Food - FOR SALE
1/9
null | 6.6% Cap Rate

4703 Dixie Hwy
Louisville, KY 40216
Shively


HIGHLIGHTS

  • Personally Guaranteed Ground Lease | Options To Extend | Scheduled Rental Increases | Diversified Income Streams
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Dixie Manor | Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Scooter’s franchisee personally guaranteed lease • Approximately 5 years remaining with 4 (5-year) option periods to extend • The Scooter’s lease features 10% rental increases every 5 years and at the beginning of each option period • The property benefits from additional income from the billboard on the property and an easement agreement with the Zip’s Car Wash next door |contact listing agents for details

FOR SALE DETAILS

PRICE

$1,083,000 USD

PRICE/SF

$1,641 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Scooter's Coffee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C2

APN/PARCEL ID

102005630000

ASK ABOUT THIS PROPERTY

Morgan ZantSRS National Net LeaseMore Info
502-442-7074

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Morgan ZantSRS National Net LeaseMore Info
502-442-7074

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