Marcus & Millichap is pleased to present a vacant, free-standing former Truist Bank located at 3450 Taylor Boulevard in Louisville, Kentucky (the “Property”). The improvements include an approximately 6,914 square-foot, two-story building featuring three drive-thru lanes. Situated on two parcels totaling ±0.545 acres (±23,736 SF), the Property offers ample surface parking and multiple points of ingress/egress along Taylor Boulevard (20,493 VPD), Gardner Avenue, and two public access alleys. The Property is currently vacant and was previously owner-occupied by Truist Bank on the first floor, with additional second-floor office space accessible via a separate entrance. The offering provides owner-users and investors the opportunity to acquire a free-standing retail bank building with value-add potential through lease-up at long-term market rents (CoStar estimates retail rates of $14–$18/SF NNN). Zoned C-2 – Commercial District, the site allows for a broad range of commercial and retail uses, supporting adaptive reuse or repositioning opportunities in a well-trafficked Louisville corridor.
Louisville, Kentucky is a dynamic and diversified city strategically positioned along the Ohio River and anchored by the Louisville–Jefferson County metro area’s population of roughly 1.3?million. With a strong industrial heritage complemented by sectors like logistics, healthcare, and technology—bolstered by the presence of UPS’ Worldport hub—the city offers stable employment and real estate fundamentals. Major transportation assets including the Ohio River Port, Louisville International Airport (SDF), and direct access to I-64, I-65, and I-71 create excellent connectivity for commercial development across multiple asset classes. The Property sits in a strong commercial corridor surrounded by traffic drivers and amenities such as Churchill Downs, DG Market, Wendy’s, McDonald’s, Rally’s, Taco Bell, and many more. The Property is located within a dense trade area of ±112,293 residents with an average household income (AHHI) of ±$53,090 within 3-miles and ±251,097 residents with an AHHI of $59,281 within 5-miles, reinforcing the site’s lasting appeal for both investors and owner/users.