4025 Taylorsville Rd - Drug Store FOR SALE


Louisville, KY 40220- Hikes Point
$5,928,764 USD
203-887-8797
4025 Taylorsville Rd, Louisville, KY for Sale
$5,928,764 USD
Drug Store - FOR SALE
1/2
null | 7.93% Cap Rate

4025 Taylorsville Rd
Louisville, KY 40220
Hikes Point


HIGHLIGHTS

  • Original 20-Year Lease – Triple Net Structure
  • Excellent Corporate Guaranty
  • Exceptional Assumable Debt

OVERVIEW

NNN Pro and Bang Realty are pleased to present the exclusive listing for a Walgreens located at 4025 Taylorsville Road, Louisville, KY 40220. The site consists of roughly 15,058 rentable square feet of building space on an estimated 1.72-acre parcel of land. This Walgreens is subject to a 20-year Triple Net (NNN) lease, which commenced 1/15/2000. The current annual rent is $470,000.

FOR SALE DETAILS

PRICE

$5,928,764 USD

PRICE/SF

$393 USD /SF

CAP RATE

7.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | 3.10% Assumable Financing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

CROSS STREETS

Browns Ln

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

B-1

APN/PARCEL ID

091P01260000

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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Anthony D'AmbrosiaNNN Pro GroupMore Info
203-887-8797

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