4711 Dixie Highway

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4711 Dixie Highway

Shively, KY 40216
Asking Price
$3.38M
Cap Rate
7%
Asset Type
Car Wash Retail
Class
Class B

What's Special

±6.0-Year Absolute NNN Zips Car Wash | Louisville, KY <p>+ Leased to Zips Car Wash, one of the largest and fastest-growing express tunnel car wash operators in the United States, providing excellent brand recognition and operational synergy.</p><p></p><p>+ Features a hands-off, absolute NNN lease with ±6.0 years of term remaining and zero landlord responsibilities, offering a secure stream of predictable income with an inflation-resistant 2% annual rent escalation.</p><p></p><p>+ High-performing site with individual sales volumes that currently exc

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NOI
$80,000
Cap Rate
2.36%
DSCR
0.40
Underwater
Cash-on-Cash
-11.91%
Monthly Payment
$16,738.722
Annual Cash Flow
$-120,864.669

Location & Travel Times