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O'Reilly Auto Parts Retail Space
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3010 Preston Hwy, Louisville, KY 40217

New construction at a signalized intersection with a 15-year initial lease and four renewal options.

Property SizeContact for details
Days on Market144

Property Features for 3010 Preston Hwy

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 21,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Hogan Real Estate
Listed By: Justin R Phelps · License #KY 30498665
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:25PM

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 Hogan Real Estate

Investment Insights

Based on property information with market context.

This new-construction retail property is occupied by O’Reilly Auto Parts and offered with a 100.0% fee simple interest. The lease begins with a 15-year term, includes no termination rights, and provides four additional five-year extension options.

The property sits at the signalized intersection of Preston Highway and Locust Lane in central Louisville. Preston Highway carries 21,000 VPD at the site and connects with I-264 and I-65 within 2 miles in either direction. The surrounding corridor includes residential neighborhoods, schools, churches, multifamily properties, office buildings, retail centers, and quick service restaurants. The site is also near the Kentucky Exposition Center, Kentucky Kingdom Amusement Park, the University of Louisville, and Louisville International Airport.

Key Highlights

  • New‑construction O’Reilly Auto Parts retail property
  • 100.0% fee simple interest offered
  • 15‑year original lease term with no termination rights

Property Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Spa & Massage Center Dental Office

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

21,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Groceries 18% Dining 16% Hotels & Casinos 3%
Dollar Tree Shops & Services
14,532 visits/mo 0.1 miles
Restaurant Depot Groceries
9,099 visits/mo 0.2 miles
AutoZone Shops & Services
5,384 visits/mo 0.1 miles
PNC Bank Shops & Services
5,018 visits/mo 0.1 miles
U.S. Bank Shops & Services
4,712 visits/mo 0.1 miles

Demographics for 40217, KY

13,061
Population
6,840
Households
1.9
Avg Household Size
36
Median Age
48%
College-Educated
95%
High-School Grad
2.4 sq mi
ZIP Area
5,442
Density / Sq Mi
$68,573
Median Household Income
$48,298
Median Earnings
$1,150
Median Rent
$220,700
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New construction at a signalized intersection with a 15-year initial lease and four renewal options.
Where is this retail space located?
The property is located at 3010 Preston Hwy Louisville, KY.
What are key features of this property?
This property features: New‑construction O’Reilly Auto Parts retail property; 100.0% fee simple interest offered; 15‑year original lease term with no termination rights
(502) 724-4179 Call to check price and availability
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