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Dixie Highway Ground Lease Investment
For Sale
Contact for pricing
Pending

4643 Dixie Hwy, Louisville, KY 40216

Ground lease investment opportunity in Louisville's active growth corridor.

Property Size39,000 SF
Days on Market83

Property Features for 4643 Dixie Hwy

General Information

Standard status Pending
Size 39,000 SF
Total Parking Spaces 54
Property subtype Retail, Land
Zoning C2-COMMERCIAL
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $92,142

Building Details

Year Built 2001
Buildings 1
Units 54
Tenancy Single
Listing Agency: Duncan Commercial Real Estate
Listed By: William G Duncan · License #KY 37990
Source: Crexi
Added: May 20 Changed: Aug 8 Last Checked: Aug 3 at 5:56AM

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 Duncan Commercial Real Estate

Investment Insights

Based on property information with market context.

This ground lease investment opportunity features a lease with ABTB Louisville, LLC, which operates 39 units. The lease has nearly six years of firm term remaining and includes two five-year renewal options extending through 2041. The property generates $92,142 in current annual NNN rent, with a scheduled increase to over $104,000 in December 2026. Situated along the Dixie Highway corridor, the site benefits from surrounding investment, including new Wawa, RaceTrac, Freddy's, and LongHorn Steakhouse developments. This property is located at 4643 Dixie Highway, Louisville, KY 40216 and has a property size of 39000 square feet.

Key Highlights

  • NNN lease with nearly six years of firm term remaining.
  • Currently generating $92,142 annually, rent increases to over $104,000 in December 2026.
  • Two five‑year renewal options extending through 2041.

Property Analytics

Current Use

Taco Bell Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant HVAC Service Law Firm

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

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby
215k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 39% Dining 35% Shops & Services 25% Home Improvements & Furnishings 1%
Kroger Groceries
66,638 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
26,986 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
21,922 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
17,556 visits/mo 0.3 miles
Aldi Groceries
16,580 visits/mo 0.2 miles

Demographics for 40216, KY

43,434
Population
19,257
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
15.7 sq mi
ZIP Area
2,766
Density / Sq Mi
$50,211
Median Household Income
$35,503
Median Earnings
$883
Median Rent
$154,500
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Ground lease investment opportunity in Louisville's active growth corridor.
Where is this nnn property located?
The property is located at 4643 Dixie Hwy Louisville, KY.
What is the asking price?
The asking price for this property is $1,755,000.
What are key features of this property?
This property features: NNN lease with nearly six years of firm term remaining.; Currently generating $92,142 annually, rent increases to over $104,000 in December 2026.; Two five‑year renewal options extending through 2041.
More about this property
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