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3163 Dixie Hwy
Erlanger, KY 41018
Retail Property For Sale
Investment Highlights
- Attractive 5.9% Cap Rate, 10% Rent Increases Every 5 Years, 10 Year Absolute NNN Lease
- Built 2017 Complete To-the Studs Remodel 2019
- Going to Work Side of Street 26,000 ADT Dense 5 Mile Pop 138,000 with AHI of $70,894
- Prime Location near Crestview Hills Towne Center and a Who's Who of National Retailers
- Strong 7 unit Dunkin' Operator, Personal Guarantees
- 11 Minutes to CVG International Airport
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,987 SF
Building Class
C
Year Built/Renovated
2017/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.59 AC
Parking
25 Spaces (12.58 Spaces per 1,000 SF Leased)
Frontage
145’ on Dixie Hwy
Amenities
- Corner Lot
- Pylon Sign
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 015-20-31-004.01 | Improvements Assessment | $1,021,000 |
| Land Assessment | $299,000 | Total Assessment | $1,320,000 |
Property Taxes
Parcel Number
015-20-31-004.01
Land Assessment
$299,000
Improvements Assessment
$1,021,000
Total Assessment
$1,320,000
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