Four-Restaurant NNN
For Sale
Contact for pricing
Pending
5205 New Cut Rd, Louisville, KY 40214
Restored commercial property with four leased restaurant spaces, shared common areas, live entertainment, and off-street parking.
Property SizeContact for details
Days on Market142
Property Features for 5205 New Cut Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Colliers
(502) 645-1729
Listed By:
Jenny Johnston · License #KY 246944
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 4:57PM
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 Colliers
Investment Insights
Based on property information with market context.
Colonial Gardens is a restored and renovated commercial property configured with four fully leased restaurants operating under NNN terms. The improvements also include shared common areas, live entertainment, and off-street parking for 74 vehicles. The property has a longstanding role in South Louisville and was revitalized after a period of disrepair.
Located at 5205 New Cut Rd across from Iroquois Park Amphitheater, the property benefits from placement along New Cut Road at Kenwood Dr. New Cut Road serves as a major commuting route through South Louisville, while nearby Iroquois Park draws visitors for concerts, events, and recreational use.
Located at 5205 New Cut Rd across from Iroquois Park Amphitheater, the property benefits from placement along New Cut Road at Kenwood Dr. New Cut Road serves as a major commuting route through South Louisville, while nearby Iroquois Park draws visitors for concerts, events, and recreational use.
Key Highlights
- Four fully leased restaurants with NNN lease terms
- Recently restored and renovated commercial property
- Live entertainment component included
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
AutoZone
Shops & Services
6,393 visits/mo
0.2 miles
Demographics for 40214, KY
46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Restored commercial property with four leased restaurant spaces, shared common areas, live entertainment, and off-street parking.
Where is this nnn property located?
The property is located at 5205 New Cut Rd Louisville, KY.
What are key features of this property?
This property features: Four fully leased restaurants with NNN lease terms; Recently restored and renovated commercial property; Live entertainment component included
