Walgreens Drug Store with
For Sale
Contact for pricing
7118 Southside Drive, Louisville, KY 40214
Absolute-net lease with eight years remaining and no landlord responsibilities.
Property SizeContact for details
Days on Market145
Property Features for 7118 Southside Drive
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
39,000 vehicles/day
Listing Agency:
SAB Capital
(646) 809-8856
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 4:04PM
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 SAB Capital
Investment Insights
Based on property information with market context.
This Walgreens drug store occupies a recently converted former Rite Aid location at 7118 Southside Drive in Louisville, Kentucky. The property includes a drive-through and is leased under an absolute-net structure with eight years remaining and no landlord responsibilities. The lease carries a full Walgreen Co. guaranty.
The store sits at the signalized intersection of Southside Drive and National Turnpike, where traffic exceeds 39,000 vehicles per day. Sts. Mary & Elizabeth Hospital, a 331-bed primary care facility, is located 3 miles southeast. Louisville International Airport is also nearby and recorded more than 3.3 million passengers in 2016.
The store sits at the signalized intersection of Southside Drive and National Turnpike, where traffic exceeds 39,000 vehicles per day. Sts. Mary & Elizabeth Hospital, a 331-bed primary care facility, is located 3 miles southeast. Louisville International Airport is also nearby and recorded more than 3.3 million passengers in 2016.
Key Highlights
- Recently converted Walgreens location, formerly occupied by Rite Aid
- Absolute‑net lease with eight years remaining
- Full Walgreen Co. guaranty
Property Analytics
Property Profile
Current Use
Lease Details
39,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 32%
Electronics 1%
Speedway
Shops & Services
10,746 visits/mo
0.5 miles
White Castle
Dining
9,562 visits/mo
0.2 miles
Fifth Third Bank & ATM
Shops & Services
5,935 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
4,573 visits/mo
0.3 miles
Truist
Shops & Services
3,825 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?
Drug store - Absolute-net lease with eight years remaining and no landlord responsibilities.
Where is this drug store located?
The property is located at 7118 Southside Drive Louisville, KY.
What are key features of this property?
This property features: Recently converted Walgreens location, formerly occupied by Rite Aid; Absolute‑net lease with eight years remaining; Full Walgreen Co. guaranty
