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Walmart-Anchored Shopping Center
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161 Outer Loop, Louisville, KY 40214

Retail and medical office vacancies include a 2,000 SF inline suite with shared customer and employee parking.

Space Size2,000 SF - 2,800 SF
Days on Market10

Property Features for 161 Outer Loop

General Information

Standard status Active
Size 2,000 SF - 2,800 SF
Net Rentable 2,000 SF
Class B
Property subtype Retail, Office

Space & Availability

Available Space 2,000-2,800 SF
Contiguous Space 2,800 SF
Space Use Medical Office

Site & Location

Anchor Co-Tenants Walmart, Dollar Tree, Papa John's, Sally Beauty
Road Access Yes

Amenities

signalized entrance

Building Details

Year Built 2005
Tenancy Multiple

Spaces For Lease

at 161 Outer Loop Contact us

2,000 SF Available

Size
2,000 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

2,660 SF Available

Size
2,660 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

2,800 SF Available

Size
2,800 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Hogan Real Estate
Listed By: Ashley McCarty · License #KY 262836
Source: Crexi
Added: Aug 13 Changed: Aug 18 Last Checked: Aug 21 at 11:26PM

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 Hogan Real Estate

Investment Insights

Based on property information with market context.

New Cut Market Center is a Walmart-anchored shopping center with retail and medical office space available. The property includes a 2,000 SF inline vacancy in Suite 121-122, which was previously used by an orthodontic practice. Additional space is identified within the center, although conflicting source details regarding its size and suite designation have been omitted.

The center includes Dollar Tree, Papa John's, and Sally Beauty among its national retail tenants. Access is available from a signalized entrance at Outer Loop and through a shared parking lot easement with Walmart. Shared parking serves customers and employees. Built in 2005, the property serves the Fairdale area and surrounding South Louisville communities.

Key Highlights

  • Walmart‑anchored shopping center with retail and medical office space available
  • 2,000 SF inline vacancy in Suite 121‑122
  • Former orthodontic practice space suitable for medical office or retail use

Property Analytics

Current Use

MANPOWER Employment Agency El Vaquero Mexican ... Restaurant La Vaquita Sweet Grocery & Convenience Store Liquor House (Bike/Boat/Book/etc) Store Hibbett Sports Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby
Well-served
Demand for This Use

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 Office in Louisville, KY

12.4% 2019
14.8% 2020
14.3% 2021
15.4% 2022
16.3% 2023
15.7% 2024
18.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail and medical office vacancies include a 2,000 SF inline suite with shared customer and employee parking.
Where is this shopping center located?
The property is located at 161 Outer Loop Louisville, KY.
What are key features of this property?
This property features: Walmart‑anchored shopping center with retail and medical office space available; 2,000 SF inline vacancy in Suite 121‑122; Former orthodontic practice space suitable for medical office or retail use
More about this property
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