5240 Bardstown Rd - Fast Food FOR SALE


Louisville, KY 40291- Fern Creek
$2,828,618 USD
332-345-4271
5240 Bardstown Rd, Louisville, KY for Sale
$2,828,618 USD
Fast Food - FOR SALE
1/2
null | 5.5% Cap Rate

5240 Bardstown Rd
Louisville, KY 40291
Fern Creek


HIGHLIGHTS

  • Robust Traffic Counts
  • Dense Retail Corridor
  • Attractive Demographics

OVERVIEW

Surmount and Bang Realty are pleased to present the exclusive listing for a Wendy's located at 5240 Bardstown Road, Louisville, Kentucky 40291. The site consists of roughly 2767 rentable square feet of building space on an estimated 1.49-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 3/18/2019. The current annual rent is $155,574 and has scheduled increases of 10.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,828,618 USD

PRICE/SF

$1,063 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

C-1

APN/PARCEL ID

211101020000

ASK ABOUT THIS PROPERTY

Kyle KarsianSurmountMore Info
332-345-4271

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Kyle KarsianSurmountMore Info
332-345-4271

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