Multitenant Retail Property With
For Sale
Contact for pricing
Pending
132-134 Outer Loop, Louisville, KY 40214
Two addresses totaling 19,080 sq. ft. feature multiple rented units, month-to-month tenancies, and shared parking access.
Property SizeContact for details
Days on Market141
Property Features for 132-134 Outer Loop
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Genesis Realty LLC
(502) 468-7553
Listed By:
Heather Allen · License #KY 203656
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 29 at 1:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Genesis Realty LLC
Investment Insights
Based on property information with market context.
This for-sale retail property is being offered as a package with both addresses sold together. The site operates as a multi-tenant setup with units rented to multiple tenants using a variety of uses. According to the seller, most tenants are on month-to-month leases, with one longer-term tenant (Nu Co) extending its lease through October 31, 2022. The property also includes an arrangement where the owner rents parking in the back of the lot for tenants needing overflow space for vehicles.
The seller states that tenants pay their own gas and electric, while water is billed as part of the attached rent roll. The seller also notes that there is room for semi trucks to make deliveries. For 2020, the reported NOI for 132 Outer Loop is $85,428 and for 134 Outer Loop is $92,325; NOI is described as not including the seller’s interest payment shown on the P&L.
This property totals 19,080 square feet for 132 Outer Loop, and the seller indicates strong day-to-day income production through its current occupancy structure, with the entire offering intended to be suitable for a buyer needing a 1031 exchange investment property.
The seller states that tenants pay their own gas and electric, while water is billed as part of the attached rent roll. The seller also notes that there is room for semi trucks to make deliveries. For 2020, the reported NOI for 132 Outer Loop is $85,428 and for 134 Outer Loop is $92,325; NOI is described as not including the seller’s interest payment shown on the P&L.
This property totals 19,080 square feet for 132 Outer Loop, and the seller indicates strong day-to-day income production through its current occupancy structure, with the entire offering intended to be suitable for a buyer needing a 1031 exchange investment property.
Key Highlights
- Two addresses sold together on Outer Loop: 132 Outer Loop and 134 Outer Loop (total 19,080 SF).
- Income reported: 132 Outer Loop NOI $85,428 in 2020; 134 Outer Loop NOI $92,325 in 2020.
- Multiple tenants with different types of uses; tenants pay their own gas and electric.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 55%
Apparel 39%
Shops & Services 6%
GameStop
Electronics
1,564 visits/mo
0.5 miles
Hibbett Sports
Apparel
1,451 visits/mo
0.5 miles
Cricket Wireless Authorized Retailer
Electronics
511 visits/mo
0.5 miles
U-Haul Moving & Storage of Auburndale
Shops & Services
234 visits/mo
0.1 miles
Demographics for 40214, KY
46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
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Frequently Asked Questions
What type of property is this?
Retail space - Two addresses totaling 19,080 sq. ft. feature multiple rented units, month-to-month tenancies, and shared parking access.
Where is this retail space located?
The property is located at 132-134 Outer Loop Louisville, KY.
What are key features of this property?
This property features: Two addresses sold together on Outer Loop: 132 Outer Loop and 134 Outer Loop (total 19,080 SF).; Income reported: 132 Outer Loop NOI $85,428 in 2020; 134 Outer Loop NOI $92,325 in 2020.; Multiple tenants with different types of uses; tenants pay their own gas and electric.
