For Sale
$3,402,000

100 Dixie Blvd Radcliff, KY 40160

Starbucks & T-Mobile Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 6,165 square foot retail property in Radcliff, KY, featuring a Starbucks and T-Mobile, both on 10-year corporate net leases with rent bumps. Located on a hard-signalized corner with over 43,000 vehicles daily, this property benefits from its prime location in a dense retail corridor adjacent to Radcliff Square (a 150,000 sq ft retail center). The property boasts a strong average household income of $82,070 within a five-mile radius, projected to increase by 15% by 2029. Its proximity to Fort Knox (22,000+ employees, $5B economic impact), and the new $5.8B Ford Electric Battery Plant (5,000+ jobs), ensures exceptional long-term growth potential. The 1.4-acre lot houses a 2023-built building with a $3,402,000 asking price, a 6.00% cap rate, and a $204,095 NOI. The Starbucks location is a unique military tribute store, capitalizing on the proximity to Fort Knox. Surrounding national tenants include Walmart, Aldi, Ollie's, Walgreens, McDonald's, Arby's, and Planet Fitness. Eight schools within three miles provide additional traffic. Hardin County's rapid growth further enhances this investment's appeal. This is a multi-tenant property with investment-grade tenants and a corporate guarantee. The property is offered as a 1031 exchange opportunity.

Highlights

  • High-visibility corner location in dense retail corridor, 43,000+ vehicles/day.
  • Investment-grade tenants on 10-year corporate net leases.
  • 1.5 miles from Fort Knox, impacting the local economy with over 35,000 jobs and $5B economic impact.
  • Close proximity to the new $5.8B Ford Electric Battery Plant (5,000+ jobs).
  • Strong five-mile average household income of $82,070, projected 15% growth by 2029.

Property Details for 100 Dixie Blvd

Property type
Retail properties, Retail space
Square Feet
6,165 SF
Year Built
2023
Lot Size (sq. ft)
60,984 SF

Location Insight

City
Radcliff
County
Hardin
State
Kentucky
Latitude
37.840244722505
Longitude
-85.938482370118

FAQs

What type of property is this?
Retail property - Starbucks & T-Mobile Net Lease
Where is the retail property located?
The property is located at 100 Dixie Blvd Radcliff, KY.
What is the asking price?
The asking price for this property is $3,402,000.
What are key features of this property?
This property features: High-visibility corner location in dense retail corridor, 43,000+ vehicles/day.; Investment-grade tenants on 10-year corporate net leases.; 1.5 miles from Fort Knox, impacting the local economy with over 35,000 jobs and $5B economic impact.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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100 Dixie Blvd
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