3277 Taylor Blvd Louisville, KY 40215

This NN leased Family Dollar property is located in Louisville, KY. The property has approximately 8.5 years remaining on the lease term. In 2021, Family Dollar invested $350,000 in interior and exterior renovations, which included an updated façade, new signage, interior remodeling, and a store expansion of approximately 1,250 square feet of floor space. The store is situated on Taylor Boulevard, which experiences over 20,000 vehicles per day. It is located near Churchill Downs, home of the Kentucky Derby, major national retailers, and the University of Louisville. The surrounding area has a high population density, with over 118,000 residents within a three-mile radius and an average household income of almost $55,000. In conjunction with the remodel, Family Dollar executed a new 10-year NN lease which runs through January of 2032, along with five 5-year renewal options. Family Dollar reimburses the landlord for taxes and insurance. The landlord is responsible for roof, structure, parking lot and repairs over $300 per occurrence. The property has a low rent per square foot of $10.33. The property contains 8,025 square feet.