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BURGER KING 3049 Dixie Hwy

3,353 SF Retail Building Edgewood, KY 41018 $2,810,928 CAD ($838 CAD/SF) 5.75% Cap Rate

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,353 SF
Year Built
2016
Price
$2,810,928 CAD
Price Per SF
$838 CAD
Cap Rate
5.75%
NOI
$161,628 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.85 AC
Frontage
154 ft on Dixie Hwy

Nearby Major Retailers

Skyline Chili
Chase Bank
Truist
Huntington National Bank
Fifth Third Bank
Chicken Salad Chick
McAlister's Deli
Starbucks
Kidstrong
Buffalo Wings & Rings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
015-30-10-001.00
Land Assessment
$777,739 CAD
Improvements Assessment
$2,074,440 CAD
Total Assessment
$2,852,179 CAD
  • Listing ID: 34097898

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 3049 Dixie Hwy, Edgewood, KY 41018

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