1961 Brownsboro Rd - Storefront FOR SALE


Louisville, KY 40206- Clifton Heights
$2,400,000 USD
502-553-4180
1961 Brownsboro Rd, Louisville, KY for Sale
$2,400,000 USD
Storefront - FOR SALE
1/7
null | 6.2% Cap Rate

1961 Brownsboro Rd
Louisville, KY 40206
Clifton Heights


HIGHLIGHTS

  • Well Position Location: Strategically located along Brownsboro Road, a high-traffic corridor with 9,018 vehicles per day (ADT) and strong visibility
  • Established Trade Area: Situated in one of Louisville’s most desirable submarkets—minutes from Frankfort Avenue, I-71, and I-264
  • Strong Demographics: Within a 3-mile radius, the area boasts 91,216 residents with an average household income exceeding $72,000
  • Attractive Fundamentals: Combination of high occupancy and consistent rental income creates an appealing risk-adjusted return profile for investors
  • Accessibility & Exposure: Convenient access from both Brownsboro Road and surrounding arterials ensures strong daily traffic and visibility.
  • Vibrant Surroundings: The property benefits from proximity to a mix of businesses and residential neighborhoods that drive year-round customer traffic

OVERVIEW

The property features a diverse and complementary tenant mix of established local and national operators, contributing to stable long-term cash flow and balanced risk across the rent roll. Many tenants maintain multi-year lease commitments, reflecting the property’s strong location fundamentals and consistent customer draw along Brownsboro Road. Family Dollar & Papa Johns anchor the center, providing steady daily traffic and national brand recognition. Golden Wash recently executed a long-term lease through 2035, reinforcing long-term stability. H&R Block, a legacy tenant since the late 1990s, reflects the property’s sustained occupancy and consistent performance. Local and service-based tenants such as Nail Nurses and Tikal Placita enhance community engagement and diversify the tenant profile. The combination of creditworthy national retailers and loyal local tenants positions the property as a strong, income-producing asset with minimal turnover risk.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cliffside Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

C2-COMMERC

APN/PARCEL ID

088B00010000

ASK ABOUT THIS PROPERTY

Seth EdensTRIO Commercial Property GroupMore Info
502-553-4180

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Seth EdensTRIO Commercial Property GroupMore Info
502-553-4180

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.