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Dual-Tenant NNN Property Package
For Sale
Contact for pricing
Pending

3601 & 3603 Buechel Bypass, Louisville, KY 40218

The offering pairs restaurant and bank occupancy under separate net lease agreements with staggered lease durations.

Property SizeContact for details
Days on Market142

Property Features for 3601 & 3603 Buechel Bypass

General Information

Standard status Pending
Property subtype Retail

Additional Details

Road Access Yes
Listing Agency: The Menish Group
Listed By: Bill Menish · License #KY 72707
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 1:15PM

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 Menish Group

Investment Insights

Based on property information with market context.

This offering combines two single-tenant NNN properties at 3601 and 3603 Buechel Bypass in Louisville. The tenant lineup includes Pizza Hut and Fifth Third Bank, creating a package with separate restaurant and bank operations. Pizza Hut’s lease has an expiration in 2027, while Fifth Third Bank occupies its building under a new 20-year lease with four renewal options and 12% escalations attached to each option.

The properties are positioned at the intersection of Bardstown Road, Bardstown Bypass, and Hikes Lane, with reported daily traffic counts exceeding 40,000. The combined offering provides distinct buildings, established occupants, and different lease timelines within one transaction.

Key Highlights

  • Two single‑tenant NNN properties at 3601 & 3603 Buechel Bypass
  • Tenant lineup includes Pizza Hut and Fifth Third Bank
  • Pizza Hut lease has an expiration in 2027

Property Analytics

Current Use

Pizza Hut Take-out & Catering Wing Street Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby
392k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Shops & Services 16% Dining 14% Home Improvements & Furnishings 13%
Walmart Superstores
138,239 visits/mo 0.4 miles
Kroger Groceries
37,381 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
36,590 visits/mo 0.3 miles
Burlington Apparel
33,431 visits/mo 0.3 miles
White Castle Dining
15,782 visits/mo 0.1 miles

Demographics for 40218, KY

33,437
Population
14,697
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
3,715
Density / Sq Mi
$56,191
Median Household Income
$35,784
Median Earnings
$1,059
Median Rent
$195,600
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - The offering pairs restaurant and bank occupancy under separate net lease agreements with staggered lease durations.
Where is this nnn property located?
The property is located at 3601 & 3603 Buechel Bypass Louisville, KY.
What are key features of this property?
This property features: Two single‑tenant NNN properties at 3601 & 3603 Buechel Bypass; Tenant lineup includes Pizza Hut and Fifth Third Bank; Pizza Hut lease has an expiration in 2027
More about this property
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