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Harbor Freight Tools NNN Property
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1502 N Dixie Hwy, Elizabethtown, KY 42701

New-construction retail property with an absolute net lease and multiple extension options.

Property SizeContact for details
Lot Size2.08 Acres
Days on Market145

Property Features for 1502 N Dixie Hwy

General Information

Standard status Active
Lot size 2.08 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Hogan Real Estate
Listed By: Justin R Phelps · License #KY 30498665
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:42AM

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 Hogan Real Estate

Investment Insights

Based on property information with market context.

This new-construction retail property is occupied by Harbor Freight Tools under an absolute net lease. The initial lease term is fifteen years, with no termination rights and five additional five-year extension options. Lease commencement was July 16, 2019.

The 2.08-acre property is located at 1502 N Dixie Hwy in Elizabethtown, Kentucky, at the signalized intersection of Dixie Highway and Ring Road. The surrounding trade area includes more than 100,000 people across greater Hardin County and is supported by Fort Knox and its United States Army Human Resources Department, United States Army Cadet Command, and United States Army Accessions Command.

Elizabethtown functions as a regional transportation hub, with I-65 connecting to the Western Kentucky Parkway and Bluegrass Parkway within minutes of the trade area.

Key Highlights

  • Harbor Freight Tools occupancy under an absolute net lease
  • 15‑year original lease term with no termination rights
  • Five 5‑year extension options

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Electrical Service Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,004
Businesses Nearby

Demographics for 42701, KY

52,731
Population
23,565
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
94%
High-School Grad
161.8 sq mi
ZIP Area
326
Density / Sq Mi
$68,715
Median Household Income
$44,251
Median Earnings
$902
Median Rent
$235,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - New-construction retail property with an absolute net lease and multiple extension options.
Where is this nnn property located?
The property is located at 1502 N Dixie Hwy Elizabethtown, KY.
What are key features of this property?
This property features: Harbor Freight Tools occupancy under an absolute net lease; 15‑year original lease term with no termination rights; Five 5‑year extension options
(502) 724-4179 Call to check price and availability
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