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NNN Sale Leaseback 9% CAP

$1,328,000

10975 Dixie Hwy, Walton, KY 41094

Active
Last Updated: 10/08/2024

119,520

NOI

5,341 sqft

Building Size

Details:
NOI:    $119,520
Building Size:    5,341 sqft
Lot Area:    1.32 acres
Lease Type:    Other
Highlights:
  • Well-situated on high traffic highway
  • 4 service bays, 3 lifts
  • 5 double-height bays for large trucks
  • 120 car spaces
Description:

This established used auto dealership is located on Dixie Highway in Walton, Kentucky, on the south side of the Cincinnati metro market. With 120 auto spaces, 4 work bays, 3 lifts, and 5 double-height spaces for large trucks, this site is a well-equipped dealer and shop along an established strip of dealerships. Traffic counts are above 100,000 from nearby I-71/I-75, and above 8,000 on Dixie Highway.

Owner will sign a new 5 year absolute NNN ground lease at closing (with two 5 year options). B

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