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Wendy's NNN Restaurant Property
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5240 Bardstown Road, Louisville, KY 40291

The restaurant is leased under a triple-net agreement with scheduled rent increases.

Property Size2,767 SF
Lot Size1.49 Acres
Price / SF$977.82
Days on Market5

Property Features for 5240 Bardstown Road

General Information

Standard status Active
Size 2,767 SF
Lot size 1.49 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 3:07PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The Wendy's property at 5240 Bardstown Road in Louisville, Kentucky, includes a 2,767-square-foot building on an approximately 1.49-acre parcel. The restaurant operates under a 20.01-year triple-net lease that began March 18, 2019, with rent increases of 10.00% every five years.

Key Highlights

  • Wendy's restaurant at 5240 Bardstown Road in Louisville, KY 40291
  • 2,767‑square‑foot building on an estimated 1.49‑acre parcel
  • 20.01‑year NNN lease commenced 3/18/2019

Property Analytics

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Current Use

Wendy's Restaurant

Suggested Use

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

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

338
Businesses Nearby
158k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Shops & Services 33% Apparel 16% Superstores 12%
Roosters Dining
26,469 visits/mo 0.1 miles
Five Below Shops & Services
22,854 visits/mo 0.2 miles
Big Lots Superstores
19,685 visits/mo 0.2 miles
Ross Dress for Less Apparel
19,293 visits/mo 0.2 miles
Circle K Shops & Services
16,742 visits/mo 0.1 miles

Demographics for 40291, KY

39,719
Population
16,894
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
22.6 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,576
Median Household Income
$46,186
Median Earnings
$1,161
Median Rent
$264,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
NNN property - The restaurant is leased under a triple-net agreement with scheduled rent increases.
Where is this nnn property located?
The property is located at 5240 Bardstown Road Louisville, KY.
What is the asking price?
The asking price for this property is $2,705,635.
What are key features of this property?
This property features: Wendy's restaurant at 5240 Bardstown Road in Louisville, KY 40291; 2,767‑square‑foot building on an estimated 1.49‑acre parcel; 20.01‑year NNN lease commenced 3/18/2019
(332) 345-4222 Call to check price and availability
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