Radcliff, KY - Bestway & Papa John's Strip

Description:

SRS Multi-Tenant Investments is pleased to present the opportunity to acquire the fee simple interest in a 10,000-square-foot, corner-positioned strip center located in Radcliff, Kentucky. The property is currently 90% leased to two tenants: Bestway Rent-to-Own and Papa John’s Pizza (Nasdaq: PZZA). Bestway, a tenant since 2001, provides long-term stability with its current lease term through April 2030 and two additional five-year renewal options. As part of its lease structure, Bestway reimburses its pro rata share of common area maintenance, utilities, and insurance, reducing landlord responsibilities for a majority of the asset.

The property is strategically located at the signalized, hard-corner intersection of N Dixie Boulevard and Knox Boulevard, with a combined traffic count of approximately 19,600 vehicles per day. N Dixie Boulevard serves as the primary retail corridor for Radcliff, offering excellent visibility and accessibility. The asset is positioned just one mile from a 182,000-square-foot Walmart Supercenter and 1.6 miles from a 159,000-square-foot Bomgaars-anchored shopping center, enhancing its retail synergies and consumer draw.