NNN Restaurant
10101 Dixie Highway Louisville, KY 40272
10101 Dixie Highway, Louisville, KY, 40272
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For Sale
Contact for pricing
Pending
Captain D’s on a 0.81-acre site with an absolute NNN structure and a long-term 20-year lease.
Lot Size0.81 Acres
Days on Market103
Property Features for 10101 Dixie Highway
General Information
- Standard status
- Pending
- Lot size
- 0.81 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Indianapolis
Listed by
Benjamin Sullivan · License #IN RB16000227
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 1:29AM Checked: Jul 21 at 1:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
Captain D’s is offered as an absolute NNN restaurant investment on a 0.81-acre parcel. The property is supported by a corporately guaranteed lease with a 20-year term and more than 7.5 years remaining, plus four additional five-year option periods. Rental increases are structured at 10% every five years throughout the base term and option periods.
The restaurant is located directly off Dixie Highway, one of Louisville’s busiest retail corridors, with daily traffic counts exceeding 27,000 vehicles per day. It is just off Interstate 265 and is surrounded by national retailers including Meijer, Walmart, Kroger, Walgreens, Applebee’s, Dollar Tree, McDonald’s, PNC Bank, Verizon Wireless, Cracker Barrel, and others.
The tenant is Captain D’s, with the brand operating more than 500 restaurants in 21 states. The remarks also cite 2016 development momentum, including 13 new locations opened and additional development agreements for further expansion.
The restaurant is located directly off Dixie Highway, one of Louisville’s busiest retail corridors, with daily traffic counts exceeding 27,000 vehicles per day. It is just off Interstate 265 and is surrounded by national retailers including Meijer, Walmart, Kroger, Walgreens, Applebee’s, Dollar Tree, McDonald’s, PNC Bank, Verizon Wireless, Cracker Barrel, and others.
The tenant is Captain D’s, with the brand operating more than 500 restaurants in 21 states. The remarks also cite 2016 development momentum, including 13 new locations opened and additional development agreements for further expansion.
Key Highlights
- Captain D’s in Louisville, KY on a 0.81‑acre parcel directly off Dixie Highway.
- Absolute NNN lease structure with a long‑term 20‑year lease and 7.5+ years remaining.
- Four additional five‑year option periods with 10% rental increases every five years.
Property Analytics
Location Intelligence
Current Use by Public Records
Captain D's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Captain D’s on a 0.81-acre site with an absolute NNN structure and a long-term 20-year lease.
Where is this conventional restaurant located?
The property is located at 10101 Dixie Highway Louisville, KY.
What are key features of this property?
This property features: Captain D’s in Louisville, KY on a 0.81‑acre parcel directly off Dixie Highway.; Absolute NNN lease structure with a long‑term 20‑year lease and 7.5+ years remaining.; Four additional five‑year option periods with 10% rental increases every five years.
