Multitenant Retail Property With
132-134 Outer Loop Louisville, KY 40214
132-134 Outer Loop, Louisville, KY, 40214
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For Sale
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Pending
Two addresses totaling 19,080 sq. ft. feature multiple rented units, month-to-month tenancies, and shared parking access.
Days on Market103
Property Features for 132-134 Outer Loop
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Genesis Realty LLC
(502) 468-7553
Listed by
Heather Allen · License #KY 203656
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 3:30AM Checked: Jul 22 at 3:30AM
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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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.
