705 N Dixie Blvd - Fast Food FOR SALE


Radcliff, KY 40160
$2,669,000 USD
818-632-0233
705 N Dixie Blvd, Radcliff, KY for Sale
$2,669,000 USD
Fast Food - FOR SALE
1/4
null | 5.75% Cap Rate

705 N Dixie Blvd
Radcliff, KY 40160


HIGHLIGHTS

  • New Construction | Corporate Guarantee | 15-Year NNN | 10% Scheduled Rent Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Walmart Supercenter Anchored Center | Primary Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros Coffee investment property located in Radcliffe, Kentucky. The tenant, Dutch Bros, recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,669,000 USD

PRICE/SF

$2,809 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Dutch Bros | Main Retail Corridor | 15-Yr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Commercial

APN/PARCEL ID

160-10-01-013

ASK ABOUT THIS PROPERTY

Aron ClineSRS National Net LeaseMore Info
818-632-0233

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Aron ClineSRS National Net LeaseMore Info
818-632-0233

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