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Absolute NNN Ground Lease
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4164 Taylor Boulevard, Louisville, KY 40215

Freestanding built-to-suit retail property with a long-term absolute net lease structure and no landlord operating responsibilities.

Property SizeContact for details
Days on Market146

Property Features for 4164 Taylor Boulevard

General Information

Standard status Active
Property subtype Retail
Listing Agency: Block + Lot
Listed By: Peter Barr · License #KY 65116
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 6:16PM

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 Block + Lot

Investment Insights

Based on property information with market context.

This freestanding, built-to-suit retail property is structured as an absolute NNN ground lease, placing operating, maintenance, and other property responsibilities with the tenant. The lease includes a 20-year primary term, three additional five-year options, and scheduled rent increases at five-year intervals. The building was planned for delivery in the first quarter of 2018.

The property is located at 4164 Taylor Boulevard in Louisville, along a major thoroughfare leading toward downtown. Site access records indicate 22,000 VPD at the ingress and egress. Within five miles, the area includes more than 233,000 residents and average household income above $46,000. Churchill Downs is located just south of the property.

Key Highlights

  • Absolute NNN ground lease with no landlord operating responsibilities
  • 20‑year primary lease term
  • Three additional (5) year option periods

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

827
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 86% Groceries 14%
Thorntons Shops & Services
26,543 visits/mo 0.1 miles
Circle K Shops & Services
14,098 visits/mo 0.4 miles
Save-A-Lot Groceries
11,094 visits/mo 0.0 miles
BP Shops & Services
9,009 visits/mo 0.4 miles
Dollar General Shops & Services
7,176 visits/mo 0.1 miles

Demographics for 40215, KY

21,230
Population
9,070
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
79%
High-School Grad
3.5 sq mi
ZIP Area
6,066
Density / Sq Mi
$42,762
Median Household Income
$32,815
Median Earnings
$976
Median Rent
$106,500
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?
NNN property - Freestanding built-to-suit retail property with a long-term absolute net lease structure and no landlord operating responsibilities.
Where is this nnn property located?
The property is located at 4164 Taylor Boulevard Louisville, KY.
What are key features of this property?
This property features: Absolute NNN ground lease with no landlord operating responsibilities; 20‑year primary lease term; Three additional (5) year option periods
(859) 351-7924 Call to check price and availability
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