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Applebee's Restaurant Property
For Sale
Contact for pricing
Pending

4535 Outer Loop, Louisville, KY 40219

C-2-zoned restaurant property with an established Applebee's lease and prominent placement along Outer Loop.

Property SizeContact for details
Days on Market143

Property Features for 4535 Outer Loop

General Information

Standard status Pending
Property subtype Retail
Zoning C-2
Listing Agency: Gant Hill & Associates LLC
Listed By: Robert Wang · License #KY 61820
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:05PM

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 Gant Hill & Associates LLC

Investment Insights

Based on property information with market context.

This conventional restaurant property at 4535 Outer Loop is associated with an Applebee's lease and offers approximately 250 feet of road frontage. The site carries C-2 zoning, supporting its established restaurant use.

The property is positioned across from Walgreens and near Best Buy and the entrance to Kroger. Applebee's has renewed its lease option, with 3% rent increases every two years and three additional five-year options available. The lease structure provides a defined term framework for the property while retaining its current restaurant identity and commercial corridor exposure.

Key Highlights

  • Established Applebee's restaurant lease at 4535 Outer Loop
  • C‑2 zoning supports the property's conventional restaurant use
  • Approximately 250 feet of road frontage

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

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

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

1,216
Businesses Nearby
667k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Shops & Services 23% Apparel 16% Superstores 15%
Walmart Superstores
100,451 visits/mo 0.5 miles
Kroger Groceries
50,586 visits/mo 0.1 miles
T.J. Maxx Apparel
38,358 visits/mo 0.2 miles
Hobby Lobby Shops & Services
35,895 visits/mo 0.2 miles
Best Buy Electronics
35,536 visits/mo 0.1 miles

Demographics for 40219, KY

40,300
Population
16,699
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,705
Density / Sq Mi
$52,271
Median Household Income
$37,108
Median Earnings
$967
Median Rent
$186,000
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - C-2-zoned restaurant property with an established Applebee's lease and prominent placement along Outer Loop.
Where is this conventional restaurant located?
The property is located at 4535 Outer Loop Louisville, KY.
What are key features of this property?
This property features: Established Applebee's restaurant lease at 4535 Outer Loop; C‑2 zoning supports the property's conventional restaurant use; Approximately 250 feet of road frontage
(502) 419-7261 Call to check price and availability
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