8507 Terry Road, Louisville, KY 40258

Building Details

Year Built

1968

Listing agent Chapman Silander License #KY 252813

Listing office Hoagland Commercial Realtors

Listing date Jun 10, 2026

Source Crexi

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 Hoagland Commercial Realtors

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Overview

Pleasure Ridge Town Centre is a shopping center totaling 94,229 SF on 7.96 acres, presented for sale in Louisville, KY. The property is anchored by Dollar General, which recently renewed through 2034. Ownership has maintained the center, and a full roof replacement was completed in 1Q 2023. The property has also undergone a zoning change to C-2, supporting flexibility for a wider range of retail and commercial uses.

The center is located at 8507 Terry Road. Current information indicates a value-add approach that may include lease-up, market rate renewals, and NNN conversions. The offering also references additional potential pad-sites as part of future development planning. Interested parties can request the full OM and financial package through the listing brokers.

For investors or an owner-occupant, this configuration provides an anchored base tenant alongside opportunities tied to C-2 zoning and operational improvements. The Dollar General renewal through 2034 may support long-term income continuity while a new owner focuses on further stabilization through leasing activity and adjustments to the property’s rent structure and tenant mix, consistent with the provided offering materials.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Westchester Center — 8513 Terry Rd, Louisville, KY 40258
• Pleasure Ridge Town Centre — 8531Terry Road, Louisville, KY 40258

Location Insight

• Map
• Local Demand

City

Louisville

County

Jefferson

State

Kentucky

Longitude

-85.8730338

Latitude

38.130474

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FAQs

What type of property is this?

Shopping center - Anchored retail center near Louisville featuring a recent roof replacement and C-2 zoning, with a Dollar General renewal through 2034.

Where is this shopping center located?

The property is located at 8507 Terry Road Louisville, KY.

What is the asking price?

The asking price for this property is $4,850,000.

What are key features of this property?

This property features: Pleasure Ridge Town Centre is a 7.96‑acre retail center totaling 94,000+ SF; Dollar General anchor recently renewed through 2034 (BBB/Baa2); Full roof replacement completed in 1Q 2023