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Drive-Through Restaurant Building
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5101 Preston Hwy, Louisville, KY 40213

Former restaurant facility with drive-through infrastructure, roadside signage, and C-1 Commercial zoning.

Space Size2,744 SF
Lot Size0.64 Acres
Days on Market7

Property Features for 5101 Preston Hwy

General Information

Standard status Active
Size 2,744 SF
Net Rentable 2,744 SF
Lot size 0.64 Acres
Property subtype RETAIL
Zoning C-1

Space & Availability

Available Space 2,744 SF
Contiguous Space 2,744 SF
Space Use Restaurant

Lease Terms

Lease Rate $5,500 /USD/MO
Monthly Rent $5,500
Rent per SF/Year $24.05

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Traffic Count 24,463 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 2,744 SF
Tenancy Single

Spaces For Lease

at 5101 Preston Hwy Contact us

PRIME RETAIL LOCATION

Size
2,744 SF
Type
RETAIL
Availability
AVAILABLE
## FOR SALE OR LEASE 5101 PRESTON HWY, LOUISVILLE, KY 40213 **Offered at $899,000**...
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Listing Agency: EXP Realty LLC
Listed By: Nour E Kurdi
Source: Moodyscre
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 23 at 4:22AM

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 Realty LLC

Investment Insights

Based on property information with market context.

The property at 5101 Preston Hwy includes a former Wendy’s restaurant building measuring approximately 2,744 SF on an approximately 0.64-acre site. Existing improvements include a drive-through, on-site parking, roadside and pylon signage, and multiple points of access. The property carries C-1 Commercial zoning.

Situated along the Preston Highway corridor in Louisville, the site recorded approximately 24,463 vehicles per day based on 2023 AADT data cited in a 2025 Kentucky Transportation Cabinet corridor study. Traffic is projected at approximately 30,056 vehicles per day by 2045. The property also offers access to I-65 and is near Louisville Muhammad Ali International Airport and UPS Worldport.

Key Highlights

  • Approximately 2,744 SF building on an approximately 0.64‑acre site
  • Existing drive‑through and restaurant improvements
  • C‑1 Commercial zoning

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Pharmacy Gym & Fitness Center Grocery & Convenience Store

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

Lease Details

24,463 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.61 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 41% Home Improvements & Furnishings 7% Hotels & Casinos 5%
Circle K Shops & Services
16,087 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
12,353 visits/mo 0.1 miles
Waffle House Dining
8,191 visits/mo 0.5 miles
Thorntons Shops & Services
8,186 visits/mo 0.3 miles
Dollar General Shops & Services
4,533 visits/mo 0.1 miles

Demographics for 40213, KY

16,698
Population
7,730
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
1,739
Density / Sq Mi
$60,734
Median Household Income
$38,595
Median Earnings
$952
Median Rent
$169,000
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Former restaurant facility with drive-through infrastructure, roadside signage, and C-1 Commercial zoning.
Where is this drive through restaurant located?
The property is located at 5101 Preston Hwy Louisville, KY.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: Approximately 2,744 SF building on an approximately 0.64‑acre site; Existing drive‑through and restaurant improvements; C‑1 Commercial zoning
(502) 424-9484 Call to check price and availability
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