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Louisville, KY (Dixie Hwy) - Taco Bell

$2,834,000

8602 Dixie Hwy, Pleasure Rdge, KY 40258

Active
Last Updated: 09/12/2025

5.95

Cap Rate

168,630

NOI

Details:
Cap Rate:    5.95%
NOI:    $168,630
Building Size:    2,502 sqft
Lot Area:    0.97 acres
Year Built:    2001
Zoning:    C-1 & C-2: Commercial District
Description:

• Franchisee guaranteed lease with more than 12 years of primary lease term remain, ensuring secure long-term cash flow
• The lease includes four (4) additional five-year renewal options and 10% rent increases every five years, providing steady NOI growth and a built-in hedge against inflation
• The tenant, ABTB Louisville, LLC, is a proven franchisee with a strong operational track record and a portfolio of 44+ units under management

• Directly adjacent to Park Place Mall, anchored by Burlington and featuring national tenants such as Ollie’s Bargain Outlet, McAlister’s Deli, and Dairy Queen
• Located within a high-traffic retail corridor that includes Kroger, Meijer, and Aldi, as well as nearby centers such as Dixie Manor Shopping Center (Hobby Lobby-anchored) and Dixie Valley Center
(Walmart-anchored)
• Strong co-tenancy drives consistent consumer traffic and cross-shopping activity
• Excellent visibility with strong frontage along Dixie Highway (38,900 VPD), a key north–south arterial serving the Louisville metro
• Just minutes away, Bardstown Road connects directly to Gene Snyder Freeway (51,500 VPD), providing seamless regional access throughout the Louisville market

Map:
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