Rare institutional-quality ground lease opportunity in downtown Louisville. This offering is a long-duration, CPI-indexed ground lease on a 146,530 SF structured parking garage, .54 acres of land, operated by the Parking Authority of River City (PARC), a municipal owned parking authority. The lease has 34 years remaining on the initial term and two 25-year renewal options, providing a durable, low-management income stream backed by a municipal operator.