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Walgreens Drug Store
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8300 Watterson Trail, Louisville, KY 40299

Long-term NNN leasehold interest with multiple five-year extension options.

Property Size14,550 SF
Lot Size2.30 Acres
Days on Market142

Property Features for 8300 Watterson Trail

General Information

Standard status Active
Size 14,550 SF
Lot size 2.30 Acres
Property subtype Retail

Building Details

Year Built 2013
Listing Agency: TD Commercial Group
Listed By: James Parsons · License #FL SL3362539
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:06AM

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 TD Commercial Group

Investment Insights

Based on property information with market context.

This leasehold interest involves a Walgreens drug store occupying approximately 14,550 square feet on 2.3 acres. The store opened on October 14, 2013, following a relocation of an existing operation, and is identified as a new prototype building.

The property is located at 8300 Watterson Trail in east Louisville, Kentucky. The lease has a 75-year term structured as NNN, including 20 years hard and eleven 5-year options. The combination of a documented operating history, established building footprint, and extended contractual term defines the offering.

Key Highlights

  • Walgreens‑branded drug store leasehold interest
  • Approximately 14,550 square feet on 2.3 acres
  • 75‑year NNN lease

Property Analytics

Current Use

COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service Walgreens Pharmacy Pharmacy Western Union Bank

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby
128k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 58% Dining 27% Shops & Services 13% Beauty & Spa 2%
Meijer Groceries
73,915 visits/mo 0.3 miles
Culver's Dining
26,110 visits/mo 0.1 miles
Circle K Shops & Services
10,633 visits/mo 0.1 miles
Burger King Dining
7,747 visits/mo 0.1 miles
Zips Car Wash Shops & Services
4,296 visits/mo 0.2 miles

Demographics for 40299, KY

43,030
Population
17,567
Households
2.4
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
54.0 sq mi
ZIP Area
797
Density / Sq Mi
$85,419
Median Household Income
$50,427
Median Earnings
$1,290
Median Rent
$274,900
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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Similar Off Market Nearby

  • COVID-19 Drive-Thru Testing at Walgreens 8300 Watterson Trail, Louisville, KY 40299
  • Walgreens Pharmacy 8300 Watterson Trail, Louisville, KY 40299
  • William Cushing 4500 S Hurstbourne Pkwy, Louisville, KY 40299
  • CVS Pharmacy 4500 s hurstbourne pkwy, louisville, ky 40299
  • Meijer Pharmacy 4500 S Hurstbourne Pkwy, Louisville, KY 40299

Frequently Asked Questions

What type of property is this?
Drug store - Long-term NNN leasehold interest with multiple five-year extension options.
Where is this drug store located?
The property is located at 8300 Watterson Trail Louisville, KY.
What are key features of this property?
This property features: Walgreens‑branded drug store leasehold interest; Approximately 14,550 square feet on 2.3 acres; 75‑year NNN lease
More about this property
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