3459 Taylor Blvd - Fast Food FOR SALE


Louisville, KY 40215- Wyandotte
$1,739,000 USD
502-442-7079
3459 Taylor Blvd, Louisville, KY for Sale
$1,739,000 USD
Fast Food - FOR SALE
1/9
null | 5.75% Cap Rate

3459 Taylor Blvd
Louisville, KY 40215
Wyandotte


HIGHLIGHTS

  • New 20-Year Lease | Additional Renewal Options | Scheduled 10% Rent Increases | 2025 Renovation | Strong Franchisee
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Dense Retail Corridor | Proximity To Churchill Downs
  • Strong Frontage | Excellent Accessibility
  • Robust Demographics In 5-Mile Trade Area

OVERVIEW

• A brand-new 20-year lease will commence for this recently remodeled property at the close of escrow, reflecting the tenant’s long-term commitment to the site • The lease includes four (4) additional 5-year renewal options and 10% rent increases every five years, supporting steady NOI growth and providing a natural hedge against inflation • The tenant, ABTB Louisville, LLC, is a proven franchisee with a strong operational track record and a portfolio of 44 units under management

FOR SALE DETAILS

PRICE

$1,739,000 USD

PRICE/SF

$535 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C2

APN/PARCEL ID

052A00040000

ASK ABOUT THIS PROPERTY

Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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