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    Louisville MSA NNN Ground Lease Title is generated by Realmo AI

    3131 Poplar Level Rd, Louisville, KY

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    NNN ground lease with rental escalations in Louisville, Kentucky.

    Type:RETAIL
    Property size:
    4,250 SF
    Lot size:
    1.22 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    224
    Last Refresh:
    Jul 4 at 10:38 am

    Property Features for 3131 Poplar Level Rd

    General Information

    Standard status
    Active
    Size
    4,250 SF
    Lot size
    1.22 Acres
    Property subtype
    RETAIL

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    Randy Blankstein
    Randy Blankstein

    Listing office The Boulder Group - Corporate

    Listing date Nov 25, 2025

    Source Moodyscre

    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 - Corporate

    HighLights

    • High traffic location along Poplar Level Road (30,700 VPD) with regional connectivity via I‑264 (182,000 VPD) & I‑65 (129,000 VPD)
    • NNN Ground Lease - No Landlord Responsibilities
    • 10% rental escalations every five years in options
    • Located within the Louisville MSA with 265,000+ people living within a five‑mile radius
    • Proven operating history since 2006; lease extension executed in 2018
    • Panera will be performing a refresh on the building in the coming months

    Overview

    Located within the Louisville MSA, this property has a proven operating history since 2006, with a lease extension executed in 2018. It is a ground lease with NNN terms, meaning no landlord responsibilities. The property is located along Poplar Level Road, which sees 30,700 vehicles per day. Regional connectivity is provided via I-264 and I-65, with traffic volumes of 182,000 and 129,000 vehicles per day, respectively. Over 265,000 people live within a five-mile radius. The average household income exceeds $97,000 within one mile. Nearby attractions include Norton Audubon Hospital with 235 beds, Bellarmine University with 2,800 students, Saint Xavier High School with over 1,300 students, and Audubon Country Club. The property is minutes from the Louisville International Airport. Neighboring retailers include CVS, McDonald’s, Chili’s, Taco Bell, Dairy Queen, and Strickland Brothers, among others. The property size is 4,250 square feet. There are 10% rental escalations every five years in options. Panera will be performing a refresh on the building in the coming months.
    Property Profile Location Intelligence

    Current Use by Public Records

    Panera Bread Cafe & Coffee Shop

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Nail Salon Building Supply Auto Repair Shop Accounting Firm Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • WOW Café — 2001 Newburg Rd, Louisville, KY 40205
    • Maya Bagel Express — 3029 Poplar Level Rd, Louisville, KY 40213
    • Einstein Bros. Bagels — 2001 Newburg Rd, Louisville, KY 40205

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7198
    Latitude
    38.2118

    FAQs

    What type of property is this?
    Coffee shop - NNN ground lease with rental escalations in Louisville, Kentucky.
    Where is this coffee shop located?
    The property is located at 3131 Poplar Level Rd Louisville, KY.
    What are key features of this property?
    This property features: High traffic location along Poplar Level Road (30,700 VPD) with regional connectivity via I‑264 (182,000 VPD) & I‑65 (129,000 VPD); NNN Ground Lease - No Landlord Responsibilities; 10% rental escalations every five years in options
    (847) 562-0003 Call to check price and availability
    More about this property
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