100 Dixie Blvd Radcliff, KY 40160-1302
- Commercial real estate
- 1.00 lot acres
Dec 06, 2021
Current Use by Public Records
- Starbucks / Espresso Bar / Internet Cafe
- T-Mobile / Cell Phone Store / Cell Phone Accessory Store
Property Details for 100 Dixie Blvd
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
- APN
- 160-10-05-007
- APU
- 1601005007
Description
This exceptional investment opportunity presents a 6,165 square foot retail property in Radcliff, KY, featuring a Starbucks and T-Mobile, both on 10-year corporate net leases with rent bumps. Located on a hard-signalized corner with over 43,000 vehicles daily, this property benefits from its prime location in a dense retail corridor adjacent to Radcliff Square (a 150,000 sq ft retail center). The property boasts a strong average household income of $82,070 within a five-mile radius, projected to increase by 15% by 2029. Its proximity to Fort Knox (22,000+ employees, $5B economic impact), and the new $5.8B Ford Electric Battery Plant (5,000+ jobs), ensures exceptional long-term growth potential. The 1.4-acre lot houses a 2023-built building with a $3,402,000 asking price, a 6.00% cap rate, and a $204,095 NOI. The Starbucks location is a unique military tribute store, capitalizing on the proximity to Fort Knox. Surrounding national tenants include Walmart, Aldi, Ollie's, Walgreens, McDonald's, Arby's, and Planet Fitness. Eight schools within three miles provide additional traffic. Hardin County's rapid growth further enhances this investment's appeal. This is a multi-tenant property with investment-grade tenants and a corporate guarantee. The property is offered as a 1031 exchange opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $945,000
- ML approach
- $925,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Radcliff
- County
- Hardin
- State
- Kentucky
- Longitude
- -85.938
- Latitude
- 37.8408
- CBSA code
- 21060
- CBSA name
- ELIZABETHTOWN-FORT KNOX, KY METROPOLITAN STATISTICAL AREA