9913 Brownsboro Rd - Restaurant FOR SALE


Louisville, KY 40241- Outer East End
$1,633,000 USD
502-271-5812
9913 Brownsboro Rd, Louisville, KY for Sale
$1,633,000 USD
Restaurant - FOR SALE
1/6
null | 5.1% Cap Rate

9913 Brownsboro Rd
Louisville, KY 40241
Outer East End


HIGHLIGHTS

  • High Performing Location with Multi-Unit Operator Guarantee: 40-unit QSR operator.
  • Prime Real Estate in High-Barrier Corridor: corridor where developable land is virtually non-existent, offering significant long-term residual value.
  • Exceptional Demographics & Growing Trade Area: the site boasts an average household income of $151,785 and 127,000 residents within five miles.
  • Anchored by major national brands like Costco, Publix, and Kroger, and supported by the prestigious Norton Commons lifestyle community.
  • Investors benefit from immediate value-add potential alongside contractual 10% rent increases every five years to drive yield growth.
  • The Net Lease structure provides a passive income stream, with the tenant responsible for all taxes, insurance, and common area maintenance.

OVERVIEW

Qualified Investors are extended the opportunity to acquire a single-tenant, NNN lease Dunkin in affluent eastern Louisville, Kentucky. The 2,050 square foot building on 0.55 acres is prominently located on Brownsboro Road (Highway 22) just east of the Interstate 265 exchange near Interstate 71. The area has experienced major residential and commercial growth over the past two decades with the development of Louisville’s only lifestyle center. The Paddock Shops, Old Brownsboro Crossing (Bass Pro Shop/Cabela’s, Lowe’s, Costco, Norton Hospital, Norton Children’s Hospital), Louisville’s only “New Urbanism” planned community Norton Commons, and various other shopping centers, Class A multifamily developments, professional office buildings, and single family residence neighborhoods. Fast growing population, affluent demographics, and interstate access to both I-265 and I-71 have made the Brownsboro Road trade area one of Louisville’s premier commercial corridors. The subject’s strategic site offers maximum exposure to 27,000 VPD on Brownsboro Road.

FOR SALE DETAILS

PRICE

$1,633,000 USD

PRICE/SF

$797 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Offering | NNN Lease Dunkin'

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

C-1

APN/PARCEL ID

W00600220000

ASK ABOUT THIS PROPERTY

Hunter JacobsHogan Real EstateMore Info
502-271-5812

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Hunter JacobsHogan Real EstateMore Info
502-271-5812

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