3805 7th Street Rd Louisville, KY 40216
Fully leased commercial property with long-term tenants.
- 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.
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 |