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Off Market
1/1

4955 Brownsboro Rd
Louisville, KY 40222


HIGHLIGHTS


OVERVIEW

The subject investment property is situated along Brownsboro Road, which serves as an access road to Interstate-264. Brownsboro Road boasts average daily traffic counts of approximately 20,000 vehicles and Interstate 264 brings an additional 91,000 vehicles into the immediate area on average daily. There are 68,088 individuals residing within a three-mile radius of the property and 178,736 individuals within a five-mile radius. Average household income exceeds $111,000 for homes within three miles of the subject property. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants. Major national tenants include: Kroger, Walgreens, McDonald’s, Starbucks, CVS, Chase Bank, Subway, Arby’s, and many more. This Wendy’s is well positioned across the street from Ballard High School and Kammerer Middle School, which have a total combined enrollment of approximately 2,800 students. The subject property is approximately 11 miles from Louisville International Airport, serving over 3,866,000 passengers in 2018. Norton hospital, a general hospital and surgical center with 605-staffed beds, is located approximately eight miles from the subject investment property. Louisville, Kentucky’s largest city, sits on the Ohio River along the Indiana Border. Louisville is the county seat of Jefferson County and has a metro population of roughly 1,284,848. Louisville, since its origin, has been heavily linked to the shipping and cargo industries, due to its location at the crossroads of three major interstate highways (I-64, I-65, and I-71). However, in the recent past, Louisville has expanded its economy across several industries, emerging as a major center for health care and medical sciences. It has been central to advancements in heart and hand surgery, as well as cancer treatment. In fact, some of the earliest artificial heart and hand transplants were conducted in Louisville. In addition to a growing economy, Louisville is home to a very diverse cultural scene that includes international cuisine, fine and performing arts, and music. Today, the city is known as the home of the Kentucky Derby, Kentucky Fried Chicken, the University of Louisville and its Louisville Cardinals athletic teams, Louisville Slugger baseball bats, and three of Kentucky’s six Fortune 500 companies. Its main airport, Louisville International Airport, is also the site of United Parcel Service’s (UPS) worldwide air hub.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

3095

STORIES

1

YEAR BUILT

2000

SPRINKLERS

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PARKING SPACES

21

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

001100750000