3520 Bardstown Rd - Fast Food FOR SALE


Louisville, KY 40218- West Buechel
$2,720,000 USD
502-442-7079
3520 Bardstown Rd, Louisville, KY for Sale
$2,720,000 USD
Fast Food - FOR SALE
1/8
null | 6% Cap Rate

3520 Bardstown Rd
Louisville, KY 40218
West Buechel


HIGHLIGHTS

  • 12+ Years Remaining | Options To Extend | Scheduled 10% Rental Increases | Strong Franchisee
  • Absolute NNN Lease Structure | Zero Landlord Responsibilities
  • Dense Retail Corridor | National Credit Co-Tenancy | Excellent Traffic Drivers
  • Signalized Hard Corner Location | Strong Connectivity | High Traffic Counts
  • Strong Demographics in 5-Mile Trade Area | Growing Population Base

OVERVIEW

• 12+ years of primary lease term remaining, ensuring secure long-term cash flow • Lease includes five (5) additional renewal options 1 (1-Year + 3-Month, + 30-Day option) and 4 (5-Year) Options with 10% rental increases at the beginning of each option period, providing stable NOI growth and a 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

$2,720,000 USD

PRICE/SF

$955 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell | 12+yrs Remain Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C-2

APN/PARCEL ID

361700060000

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 Notice.