BURGER KING | 3049 Dixie Hwy
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BURGER KING 3049 Dixie Hwy
3,353 SF Retail Building Edgewood, KY 41018 £1,555,532 (£464/SF) 5.75% Net Initial Yield
Investment Highlights
- World-Renowned Brand – Burger King first opened in 1954 and now has 15,000+ locations in over 100 countries.
- Active Commercial Development – The site is directly next to a Kroger Marketplace format that is actively being development.
- University Town – The property is near Thomas More University which recorded its second largest opening enrollment in history, ±2,367 students
- Absolute NNN Lease – The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- Adjacent High School – The subject property is located across the street from Dixie Heights High School that is home to ±1,500 students.
- Exceptional Local Retail – The location is well located nearby many national retailers such as McDonalds, Chipotle, Taco bell, KFC, Wendy’s, Dunkin’
Executive Summary
Broker of Record
Kyle Matthews
License No. 239410 (KY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. 239410 (KY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,353 SF
Year Built
2016
Price
£1,555,532
Price Per SF
£464
Net Initial Yield
5.75%
NOI
£89,443
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.85 AC
Frontage
154 ft on Dixie Hwy
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 015-30-10-001.00 | Improvements Assessment | £1,157,226 |
Land Assessment | £433,862 | Total Assessment | £1,591,087 |
PROPERTY TAXES
Parcel Number
015-30-10-001.00
Land Assessment
£433,862
Improvements Assessment
£1,157,226
Total Assessment
£1,591,087
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BURGER KING | 3049 Dixie Hwy
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