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3943 Dixie Hwy
Louisville, KY 40216

$1,242,500 USD

Freestanding For Sale  •  6,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,500 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning C-1
40 Transit Score
71 Walk Score

Highlights

Historical Occupancy- Advance America Has Been Operating at this Location Since 1999 & Buddy’s Furnishings Since 2013
Both Tenants Are Internet-Resistant and Recession Resilient Tenants & Recently Extended Their Leases
High Visibility Location- The Dixie Center is Located Along Dixie Hwy, a Major North and South Thoroughfare
Capital Expenditures- Current Ownership Replaced the A/C Units in 2021, Installed LED Lighting IN 2018 and Installed a New Roof in 2014
Advance America Acquired by Purpose Financial (Private) in 2020 and Buddy’s Home Furnishings Franchise Acquired by Bebe Stores, Inc. (Public) in 2021
Ideal 1031 Investment Opportunity-Dixie Center Offers Minimal Landlord Responsibilities with Net Leasesnt Tenants & Recently Extended Their Leases

Property Flyers

Cap Rate: 7.50 %

Amenities

  • Freeway Visibility
  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
Louisville Muhammad Ali International 12 min - 5.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 90
Type: Surface
Included in Rent: Yes
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