6908 Dixie Hwy Louisville, KY 40258-3916
Property Lookup
Property profile & analytics
6908 Dixie Hwy Louisville, KY 40258-3916
- Turn key restaurants
- 1,706 SF
- 0.56 lot acres
Property ID
US34-0222281
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- KFC / Restaurant
Property Details for 6908 Dixie Hwy
- Year built
- 1981
- Lot size
- 0.56 lot acres
- Property size
- 1,706 SF
- Zone code
- C1-COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 25111800400000
- APU
- 25111800400000
Description
This exceptional investment opportunity presents a fee-simple ownership of a 1,706 square foot KFC restaurant situated on a 0.56-acre lot in Louisville, Kentucky. The property boasts a strong 6.20% cap rate and a current NOI of $68,424. The absolute NNN ground lease with a corporate guarantee from KFC, a subsidiary of Yum! Brands, ensures minimal landlord responsibilities. The lease, commencing September 30, 2016, has approximately 1.9 years remaining, followed by two five-year renewal options with annual rent bumps of 2.5% during the primary term and 3% during the options. The building, constructed in 1981 and renovated in 2020, is located at 6908 Dixie Highway, a high-traffic area with nearly 57,000 vehicles per day, surrounded by numerous national retailers including Walmart, Home Depot, and others. The property's zoning is commercial, and the ground lease expires November 29, 2026. This prime location and the financial strength of the tenant make this a compelling investment opportunity with significant upside potential. The asking price is $1,103,613, representing a price per square foot of $646.90. The property is currently 100% occupied.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.838
- Latitude
- 38.1491
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,309
$346,310
$764,600
$1,110,910
-
$346,310
$764,600
$1,110,910
