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Wendy's (38,468 VPD) 8596 Dixie Hwy 2,803 SF Retail Building Louisville, KY 40258 $3,226,000 ($1,150.91/SF) 5.75% Cap Rate
Investment Highlights
- Absolute Net Lease with 13.1 Years Remaining | 10 Percent Rental Increases Every Five Years
- Excellent Access and Visibility on Dixie Highway | 38,468 VPD | Major Commercial and Commuter Corridor
- Multi-Brand QSR Franchise Operator | 45 Dunkin’ Locations and 22 Wendy’s Restaurants
- Store Sales Exceeding $2 Million in 2025
- Dense 5-Mile Trade Area | 129,806 Residents | 99,815 Daytime Population | Proximity to Healthcare and Industrial Employment
- Wendy’s (NASDAQ: WEN) | 7,000+ Locations Worldwide
Executive Summary
Offered for sale is an absolute net lease Wendy’s located along a high-traffic commercial corridor in Louisville, Kentucky. The property consists of a freestanding, drive-thru restaurant situated along Dixie Highway, which experiences approximately 38,468 vehicles per day, providing strong visibility and consistent commuter traffic. The tenant operates under Divine Bliss Management LLC, an experienced multi-brand quick-service restaurant operator that owns and operates 45 Dunkin’ locations and recently expanded its platform through the acquisition of 22 Wendy’s restaurants.
Broker of Record: Grant Fitzgerald
9300 Shelbyville Rd., Ste. 350
Louisville, KY 40222
(502) 329-5900
Lic.# 286261
Broker of Record: Grant Fitzgerald
9300 Shelbyville Rd., Ste. 350
Louisville, KY 40222
(502) 329-5900
Lic.# 286261
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,803 SF
Building Class
C
Year Built/Renovated
1977/2013
Price
$3,226,000
Price Per SF
$1,150.91
Cap Rate
5.75%
NOI
$185,475
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.56 AC
Zoning
Commercial - Commercial Zoned Property
Frontage
138’ on Dixie Hwy
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 112803820000 | Improvements Assessment | $2,789,290 |
| Land Assessment | $248,800 | Total Assessment | $3,038,090 |
Property Taxes
Parcel Number
112803820000
Land Assessment
$248,800
Improvements Assessment
$2,789,290
Total Assessment
$3,038,090
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Wendy's (38,468 VPD) | 8596 Dixie Hwy
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