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10975 Dixie Hwy
5,341 SF of Retail Space Available in Walton, KY 41094
Highlights
- Full service property with 2 lifts and some tools. Next door to established tire shop.
- Massive organic traffic from surrounding neighborhoods and factories.
- Property has been car dealership for over 25 years.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor | 5,341 SF | 11’6” - 12’6” | Negotiable | $14.20 /SF/YR $1.18 /SF/MO $152.85 /m²/YR $12.74 /m²/MO $6,320 /MO $75,842 /YR | Double Net |
1st Floor
Lease comes with 2 buildings, two 12,000# lifts in a service garage. One lift is a four post drive-on and other is traditional lift but heavy duty. Service bay also has a double stacked drive in garage space behind the lift bays, service garage has high ceiling, AC and furnace for the space and plenty of lighting and power access. Other building is equipped with a restroom and also 5 sales offices. Tire shop next door. Property was a 20 year buy here pay here car dealership and then a 5 year indirect lending dealership. Most recent dealer moved to a larger facility so this property is proof that you can get into the car business and succeed. Lot can hold 75 cars for sale and could hold more if new tenet wants to remove landscaping. Would consider sale, possible available owner financing.
- Lease rate does not include certain property expenses
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Heating System
- Private Restrooms
- Wi-Fi Connectivity
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Secure Storage
- Recessed Lighting
- Emergency Lighting
- After Hours HVAC Available
- Finished Ceilings: 11’6” - 12’6”
- Hardwood Floors
- Yard
- Display Window
- Smoke Detector
- Wheelchair Accessible
- 2 buildings, two 12,000# lifts w/ 5 sales offices.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 10975 Dixie Hwy , Walton, KY 41094
Property Type | Retail | Year Built | 2005 |
Property Subtype | Auto Dealership | Parking Ratio | 14.04/1,000 SF |
Gross Leasable Area | 5,341 SF |
Property Type | Retail |
Property Subtype | Auto Dealership |
Gross Leasable Area | 5,341 SF |
Year Built | 2005 |
Parking Ratio | 14.04/1,000 SF |
About the Property
2 buidlings come with lease, 25+ year established auto dealership property. Original owner of the property retired after 40 years in the car business and sold to current owner; current owner purchased in 2019 and occupied property as iDrive Auto Sales for last 5 years before expanding by relocating to a new and larger location.
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Raised Floor
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Recessed Lighting
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Presented by
Right Time Automotive
10975 Dixie Hwy
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