Leased Strip Mall with Long-Term
For Sale
Contact for pricing
Pending
3432 Preston Hwy, Louisville, KY 40213
Two occupants hold long-term leases in a visible retail center near established shopping and dining destinations.
Property SizeContact for details
Days on Market141
Property Features for 3432 Preston Hwy
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
8%
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Gant Hill & Associates LLC
(502) 515-4455
Listed By:
Robert Wang · License #KY 61820
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 5:25PM
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 Gant Hill & Associates LLC
Investment Insights
Based on property information with market context.
This strip retail center is occupied by two established businesses under long-term leases. MDS operates from 4,000 square feet on the main level plus 2,800 square feet on the second floor, while Bumper to Bumper uses 6,800 square feet. The property carries an 8% cap rate and includes a second-generation printing, banner, and T-shirt operation alongside an automotive-oriented tenant.
Positioned on Preston Hwy in Louisville, the center is adjacent to Aldi, Value City Center, and McDonald's. Access is available from I-264 and I-65, with the airport and Convention/Expo Center only minutes away. The location combines established neighboring businesses with connectivity to major regional destinations.
Positioned on Preston Hwy in Louisville, the center is adjacent to Aldi, Value City Center, and McDonald's. Access is available from I-264 and I-65, with the airport and Convention/Expo Center only minutes away. The location combines established neighboring businesses with connectivity to major regional destinations.
Key Highlights
- 8% cap rate with two occupants holding long‑term leases
- MDS occupies 4,000 SF plus 2,800 SF on the second floor
- Bumper to Bumper occupies 6,800 SF
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
101k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 22%
Shops & Services 21%
Home Improvements & Furnishings 11%
McDonald's
Dining
26,862 visits/mo
0.1 miles
Aldi
Groceries
21,890 visits/mo
0.1 miles
Thorntons
Shops & Services
20,895 visits/mo
0.3 miles
Floor & Decor
Home Improvements & Furnishings
7,577 visits/mo
0.0 miles
Scooter's Coffee
Dining
7,066 visits/mo
0.1 miles
Demographics for 40213, KY
16,698
Population
7,730
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
1,739
Density / Sq Mi
$60,734
Median Household Income
$38,595
Median Earnings
$952
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Two occupants hold long-term leases in a visible retail center near established shopping and dining destinations.
Where is this strip mall located?
The property is located at 3432 Preston Hwy Louisville, KY.
What are key features of this property?
This property features: 8% cap rate with two occupants holding long‑term leases; MDS occupies 4,000 SF plus 2,800 SF on the second floor; Bumper to Bumper occupies 6,800 SF
