3163 DIXIE HWY 3163 DIXIE HWY 2,401 SF ERLANGER, KY EXECUTIVE SUMMARY
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1 EXECUTIVE SUMMARY 3163 DIXIE HWY SALE OVERVIEWVIEW SALE PRICE: $592,800 LOT SIZE: 0.59 Acres BUILDING SIZE: 2,401 SF YEAR BUILT: 1981 ZONING: C-2 PROPERTY DESCRIPTION Kate Nguyen, MBA of Sperry Van Ness-RICORE is pleased to bring this single tenant prime retail property to the Greater Cincinnati Airport Northern KY retail market. The site is located in the City of Erlanger, in Kenton County. Highlights of this site include a CORNER LOT with drive thru, ingress and egress from Dixie Highway (Primary Street) and Clover Ave. The property is within a 3 minute drive from the CRESTVIEW TOWN CENTER MALL, in the heart other major fast food companies, and anchored grocer retailers, including: Skyline Chili, CVS Pharmacy, Walgreens, U.S. Post Office, Dollar Tree, Wendy s, Taco Bell, McDonald s, Car X, Kmart and Kroger s supermarket. This corner site IS IDEAL for other fast food companies, and service retailers looking for HIGH VISIBILITY and looking to draw business from the 28,340 cars per day Average Daily Traffic Count. MARKET: Cincinnati SUB MARKET: CROSS STREETS: Northern Kentucky Clover Avenue & Dixie Highway
2 FOR SALE RETAIL 3163 DIXIE HWY 3163 Dixie Hwy Erlanger, KY PRESENTED BY: KATE NGUYEN, MBA Senior Advisor PROPERTY HIGHLIGHTS 5% Retail Vacancy in the Cincinnati International Airport Submarket ADT of 25,775 cars/day Average Household Income of $64,293 Within 1-Mile Radius Situated near other fast food restaurants like McDonald's, Wendy's and White Castle
3 LOCATION MAPS Location Maps
4 DEMOGRAPHICS MAP Demographics Map POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 9,764 67, ,194 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 3,755 26,502 53,666 # OF PERSONS PER HH AVERAGE HH INCOME $64,293 $68,143 $70,851 AVERAGE HOUSE VALUE $124,697 $180,593 $177,200 * Demographic data derived from 2010 US Census
5 ADVISOR BIO Advisor Bio Kate Nguyen, MBA Senior Advisor SVN RICORE Investment Management, Inc. Kate s core competency is in the pricing and negotiation of income producing commercial real estate investments. Kate s experience in commercial real estate banking & underwriting, engineering, environmental remediation has enabled her to negotiate competitive pricing in the purchase or sell of commercial properties in the market. Prior to joining Sperry Van Ness RICORE, Kate worked for CRESA as a tenant and buyer representative helping companies gain competitive advantage in finding strategic real estate locations. Kate s success in saving companies on rent expense, and purchase price through her shrewd negotiation skills and experience, has allowed her clients to use the savings from real estate to invest in other areas of it business such as equipment, R&D, etc. and helped her to earn repeat business nationwide. Memberships & Affiliations Active in local professional and nonprofit organizations, she is a member of the Cincinnati Opera Guild, oil painting, and golf. Phone: Fax: Cell: knguyen@svn.com Address: Northlake Dr., Suite 100 Cincinnati, OH Through her underwriting experience in commercial real estate finance and knowledge of the market, she can provide consult on the pricing of any commercial real estate investment, she primarily focuses on single tenant net lease retail and industrial deals. Companies that have retained Kate to negotiate on its behalf include Adena Utilities Engineering, Professions, Inc., manufacturers including Atmos 360, formerly Pak/Teem Inc. Foreign owned entities include German based Flexicon, Warsteiner Beer Importers, The Freundenberg s Group EagleBurgmann Industries LP, China parent company XY Powersports, Inc. Prime Logistics, Chany Trucking, Inc. and Korean owned Tri-State Beef, Inc. Kate has an MBA in Commercial Real Estate & Finance, and a B.S. in Civil and Environmental Engineering from the University of Cincinnati.
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