Freestanding Restaurant with NNN
1835 N Dixie Hwy Elizabethtown, KY 42701
1835 N Dixie Hwy, Elizabethtown, KY, 42701
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For Sale
Contact for pricing
Pending
Golden Corral operates under an NNN lease with minimal landlord responsibilities and a 15-year lease extension.
Lot Size2.05 Acres
Days on Market103
Property Features for 1835 N Dixie Hwy
General Information
- Standard status
- Pending
- Lot size
- 2.05 Acres
- Property subtype
- Retail
Listing agency
Northmarq San Diego
Listed by
Mike Philbin · License #CA 01922822
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 8:25AM Checked: Jul 22 at 8:25AM
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Investment Insights
Based on property information with market context.
This freestanding Golden Corral is operating under an NNN lease with minimal landlord responsibilities. The tenant has operated at the site since 1998 and recently exercised a 15-year lease extension. As part of the extension, Golden Corral will complete an $800K remodel of the property, updating both interior and exterior architecture and design to the tenant’s current prototype.
Located at 1835 N Dixie Hwy in a concentrated retail corridor in Elizabethtown, the property has direct exposure along Dixie Highway. The corridor provides access to major highway systems including Interstate 65 and US Highway 62. The property is directly across from Towne Mall, and is also in close proximity to Fort Knox Army Installation and Ford’s planned $5.8B electric vehicle battery park.
Located at 1835 N Dixie Hwy in a concentrated retail corridor in Elizabethtown, the property has direct exposure along Dixie Highway. The corridor provides access to major highway systems including Interstate 65 and US Highway 62. The property is directly across from Towne Mall, and is also in close proximity to Fort Knox Army Installation and Ford’s planned $5.8B electric vehicle battery park.
Key Highlights
- Golden Corral has operated at this location since 1998 and recently exercised a 15‑year lease extension.
- NNN lease structure with minimal landlord responsibilities for more passive income.
- Lease includes rental increases of 7.5% every five years.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Golden Corral operates under an NNN lease with minimal landlord responsibilities and a 15-year lease extension.
Where is this conventional restaurant located?
The property is located at 1835 N Dixie Hwy Elizabethtown, KY.
What are key features of this property?
This property features: Golden Corral has operated at this location since 1998 and recently exercised a 15‑year lease extension.; NNN lease structure with minimal landlord responsibilities for more passive income.; Lease includes rental increases of 7.5% every five years.
