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7107-7119 Dixie Hwy
Louisville, KY 40258
Retail Property For Sale
Investment Highlights
- Three unit retail center in a prime location.
- Established tenants.
Executive Summary
Dixie Hwy. Retail with Value Add or Occupancy Opportunity.
Listed at recently appraised value, this C1 zoned, three unit retail center is located in a prime location along Dixie Hwy among multiple national retailers. It includes high visibility along a major commercial corridor, plus ample off street parking at the rear of the building.
Sim's Furniture, the long-term tenant, is currently occupying two of the units on a modified gross lease through 4/2027. They are also in a using the third, adjacent unit, but the landlord can terminate this use with short term notice.
This is an excellent opportunity for a new owner to either occupy the 2,200 SF third unit at 7107 Dixie Hwy. or lease it to a new tenant at market rate.
To access the rent roll:
https://connect.prgproperty.com/deal-room/271?signature=e00afbc3f4e8c98ba0f18f92dc2ae37e2e9a32505cc20214c4d75d100fee4dce
Listed at recently appraised value, this C1 zoned, three unit retail center is located in a prime location along Dixie Hwy among multiple national retailers. It includes high visibility along a major commercial corridor, plus ample off street parking at the rear of the building.
Sim's Furniture, the long-term tenant, is currently occupying two of the units on a modified gross lease through 4/2027. They are also in a using the third, adjacent unit, but the landlord can terminate this use with short term notice.
This is an excellent opportunity for a new owner to either occupy the 2,200 SF third unit at 7107 Dixie Hwy. or lease it to a new tenant at market rate.
To access the rent roll:
https://connect.prgproperty.com/deal-room/271?signature=e00afbc3f4e8c98ba0f18f92dc2ae37e2e9a32505cc20214c4d75d100fee4dce
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,720 SF
Building Class
C
Year Built
2006
Price
$675,000
Price Per SF
$118.01
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.04 AC
Zoning
C-1 - Commercial
Parking
15 Spaces (2.62 Spaces per 1,000 SF Leased)
Frontage
176’ on Dixie Hwy
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 011500210000 | Improvements Assessment | $268,290 |
| Land Assessment | $337,140 | Total Assessment | $605,430 |
Property Taxes
Parcel Number
011500210000
Land Assessment
$337,140
Improvements Assessment
$268,290
Total Assessment
$605,430
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