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Restaurant and Academy Leased Investment

3805 7th Street Rd Louisville, KY 40216

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Fully leased commercial property with long-term tenants.

Type:Retail
Property size:
7,111 SF
Price / SF:
$210/SF
Added:
Feb 25, 2026
Days on Market:
136
Last Refresh:
Jun 28 at 1:38 pm

Property Features for 3805 7th Street Rd

General Information

Standard status
Active
Size
7,111 SF
Property subtype
Retail

Building Details

Year Built
2017

Listing office Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville

Listing date Feb 25, 2026

Source Crexi

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 Berkshire Hathaway HomeServices Parks & Weisberg, Realtors Louisville


Investment Insights

Based on property information with market context.

The property, constructed in 2017, presents an investment opportunity with two tenants. Pizza Hut occupies a portion of the building under a lease initiated in 2017 with 9.5 years remaining and includes four 5-year renewal options. The Academy Of Excellence is a new tenant with a 5-year lease extending through 2031, which includes two 3-year renewal options. The property is 100% occupied. The building contains 7,111 square feet.

Key Highlights

  • 100% Occupied Commercial Property
  • Pizza Hut Lease with 9.5 Years Remaining and Renewal Options
  • New Tenant: The Academy Of Excellence with a Lease Through 2031 and Renewal Options

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $145.1k $20.40
− Vacancy −$8.7k −$1.22
EGI $136.4k $19.18
− OpEx −$34.1k −$4.79
NOI $102.3k $14.38
7,111 SF · lease $20.40/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,270 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M (±1% cap)
NOI $127,657 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Restaurant Gym & Fitness Center HVAC Service Storage Facility Electrical Service Cafe & Coffee Shop

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

FAQs

What type of property is this?
Conventional restaurant - Fully leased commercial property with long-term tenants.
Where is this conventional restaurant located?
The property is located at 3805 7th Street Rd Louisville, KY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 100% Occupied Commercial Property; Pizza Hut Lease with 9.5 Years Remaining and Renewal Options; New Tenant: The Academy Of Excellence with a Lease Through 2031 and Renewal Options
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