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7846 Dixie Hwy
Louisville, KY 40258
Retail Property For Sale
EXECUTIVE SUMMARY
TRIO Commercial Property Group is pleased to present the exclusive opportunity to acquire a retail investment property anchored by a Dollar General, with an adjacent strip center comprising approximately 22,000 square feet of additional leasable space, located at 7846 Dixie Hwy, Louisville, KY 40258.
Dollar General Lease: Dollar General’s lease renewal commences in October 2025 for a 5-year term, with two (2) remaining five (5) year options. The store has been operational at this location since 2019.
Value-Add Opportunity: The property includes an attached 22,000-square-foot leasable strip center, offering significant additional income potential.
Triple Net Lease: The property is subject to a Triple Net (NNN) Lease, requiring no landlord responsibilities. The tenant is solely responsible for all service, maintenance, repairs, and replacements.
Strong Tenant Profile: Dollar General, a leading discount retailer of essential goods, ensures a consistent customer base. The company’s financial stability and corporate guarantee provide security, and its presence typically enhances the overall appeal of a property for other tenants and customers.
Dollar General Lease: Dollar General’s lease renewal commences in October 2025 for a 5-year term, with two (2) remaining five (5) year options. The store has been operational at this location since 2019.
Value-Add Opportunity: The property includes an attached 22,000-square-foot leasable strip center, offering significant additional income potential.
Triple Net Lease: The property is subject to a Triple Net (NNN) Lease, requiring no landlord responsibilities. The tenant is solely responsible for all service, maintenance, repairs, and replacements.
Strong Tenant Profile: Dollar General, a leading discount retailer of essential goods, ensures a consistent customer base. The company’s financial stability and corporate guarantee provide security, and its presence typically enhances the overall appeal of a property for other tenants and customers.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
34,977 SF
Building Class
B
Year Built
1970
Price
$3,442,225 CAD
Price Per SF
$98.41 CAD
Cap Rate
4.40%
NOI
$151,408 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
2.50 AC
Zoning
C2 - Commercial
Parking
60 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
374’ on Dixie Hwy
PROPERTY TAXES
| Parcel Number | 111200030000 | Improvements Assessment | $1,701,519 CAD |
| Land Assessment | $1,796,745 CAD | Total Assessment | $3,498,264 CAD |
PROPERTY TAXES
Parcel Number
111200030000
Land Assessment
$1,796,745 CAD
Improvements Assessment
$1,701,519 CAD
Total Assessment
$3,498,264 CAD
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