C-1 Zoned Ground-Lease
For Lease
$125,000
5002 Shepherdsville Rd, Louisville, KY 40228
Ground-lease land zoned C-1 for a retail and QSR anchor pad within a planned strip center development.
Space SizeContact for details
Lot Size4.20 Acres
Days on Market374
Property Features for 5002 Shepherdsville Rd
General Information
Standard status
Active
Lot size
4.20 Acres
Zoning
C1-COMMERC
Listing Agency:
eXp Commercial | Kentucky
Listed By:
Sam Griffin, CCIM, CBI, NACREP · License #207824
(502) 640-3622
Source:
Expcommercial
Added: Sep 7, 2025
Changed: Sep 15
Last Checked: Aug 3 at 5:59AM
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 eXp Commercial | Kentucky
Investment Insights
Based on property information with market context.
Approximately 4.2 acres of C-1–zoned commercial land is available for ground lease. The owner’s intent is to develop a new strip center on the balance of the site, and the current opportunity is intended to serve as the first anchored position on the property.
The owner is seeking a creditworthy ground-lease tenant to complement the planned center. According to the provided remarks, the site is positioned to serve nearby employees and facilities that commute for meals, supporting retail and quick-service concepts on the site.
Lease economics, pad size, and delivery conditions are fully negotiable to align with a tenant’s operational needs, including the ability to secure a strategic pad without tying up development capital while the owner invests in complementary retail behind the tenant. This offering is best suited for an operator looking to anchor a forthcoming retail strip center on C-1–zoned land under a ground-lease structure.
The owner is seeking a creditworthy ground-lease tenant to complement the planned center. According to the provided remarks, the site is positioned to serve nearby employees and facilities that commute for meals, supporting retail and quick-service concepts on the site.
Lease economics, pad size, and delivery conditions are fully negotiable to align with a tenant’s operational needs, including the ability to secure a strategic pad without tying up development capital while the owner invests in complementary retail behind the tenant. This offering is best suited for an operator looking to anchor a forthcoming retail strip center on C-1–zoned land under a ground-lease structure.
Key Highlights
- ±4.2‑acre C‑1‑zoned ground‑lease land for retail and QSR development.
- Suitable for a retail/QSR anchor pad within a planned strip center development.
- Owner intends to develop a new strip center on the balance of the site and is seeking a creditworthy ground‑lease tenant to anchor the project.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Explore this area
Business Placement
Demographics for 40228, KY
18,655
Population
7,629
Households
2.4
Avg Household Size
40
Median Age
30%
College-Educated
95%
High-School Grad
8.7 sq mi
ZIP Area
2,144
Density / Sq Mi
$75,762
Median Household Income
$45,430
Median Earnings
$1,370
Median Rent
$220,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Ground-lease land zoned C-1 for a retail and QSR anchor pad within a planned strip center development.
Where is this commercial land located?
The property is located at 5002 Shepherdsville Rd Louisville, KY.
What is the lease rate?
The lease rate is $125,000.
What are key features of this property?
This property features: ±4.2‑acre C‑1‑zoned ground‑lease land for retail and QSR development.; Suitable for a retail/QSR anchor pad within a planned strip center development.; Owner intends to develop a new strip center on the balance of the site and is seeking a creditworthy ground‑lease tenant to anchor the project.
