Single-Tenant Chase Bank
2943 Richland Ave Louisville, KY 40220
2943 Richland Ave, Louisville, KY, 40220
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For Sale
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Single-tenant, NNN ground-leased Chase Bank property in Louisville with a long-term lease extending through 2034.
Property Size4,789 SF
Price / SF$590.43
Days on Market117
Property Features for 2943 Richland Ave
General Information
- Standard status
- Active
- Size
- 4,789 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Listing agency
The Boulder Group
(888) 737-2264
Listed by
Randy Blankstein · License #IL 471005983
Source
Crexi
Added: Mar 27 Updated: Jul 21 at 6:56AM Checked: Jul 21 at 6:56AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant NNN ground-leased Chase Bank property is a 4,789-square-foot branch that has been in continuous operation since 2004. The asset is secured by a long-term 30-year lease term running through 2034, with CPI-based rent escalations every five years throughout the primary term and no cap. The lease also includes two 10-year renewal options.
The site is located just off Taylorsville Boulevard and Breckenridge Lane, with convenient access to Interstate 264 and Interstate 64. The surrounding area is described as a dense retail corridor with nationally recognized tenants, and nearby demand drivers include Norton Children’s Medical Group and Advanced ENT.
Chase Bank is described as investment-grade, rated “AA–” by Standard & Poor’s. Annual deposits at the branch surpassed $119,000,000 in 2025, according to the FDIC.
The site is located just off Taylorsville Boulevard and Breckenridge Lane, with convenient access to Interstate 264 and Interstate 64. The surrounding area is described as a dense retail corridor with nationally recognized tenants, and nearby demand drivers include Norton Children’s Medical Group and Advanced ENT.
Chase Bank is described as investment-grade, rated “AA–” by Standard & Poor’s. Annual deposits at the branch surpassed $119,000,000 in 2025, according to the FDIC.
Key Highlights
- Single‑tenant NNN ground‑leased Chase Bank built in 2004, in continuous operation since 2004
- Long‑term 30‑year lease with term through 2034 plus two 10‑year renewal options
- CPI‑based rent escalations every five years with no cap across the primary lease term
Property Analytics
Location Intelligence
Current Use by Public Records
Chase Bank
Bank
Chase ATM
Atm
Chase Mortgage
Loan Service
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FAQs
What type of property is this?
Bank - Single-tenant, NNN ground-leased Chase Bank property in Louisville with a long-term lease extending through 2034.
Where is this bank located?
The property is located at 2943 Richland Ave Louisville, KY.
What is the asking price?
The asking price for this property is $2,827,586.
What are key features of this property?
This property features: Single‑tenant NNN ground‑leased Chase Bank built in 2004, in continuous operation since 2004; Long‑term 30‑year lease with term through 2034 plus two 10‑year renewal options; CPI‑based rent escalations every five years with no cap across the primary lease term
