4717 Dixie Hwy - Restaurant FOR SALE
Louisville, KY 40216 |
4717 Dixie Hwy
Louisville, KY 40216
HIGHLIGHTS
- 20-Year triple net (NNN) lease with zero landlord responsibilities | Management-free real estate income ideal for 1031 exchange buyers
- Attractive Rental Increases | 1.50% Annually
- Four (4) tenant renewal periods of five (5) years each
- Successful Applebee’s Operator of 40+ Units | Experienced Operator ensures safety and security of the operations of the brand
- Neighboring tenants: ZIPS Express Car Wash, Rite Aid, McDonalds, Taco Bell, Dunkin Donuts, and several others
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Applebee's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
4371
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
84
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
109100980000
