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    5601 Preston Hwy Louisville Ky Louisville, KY 40219

    Sponsored
    For Lease
    $8 SF/Yr

    Power Center with 5 spaces available.

    Lot size:
    293,085 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional power center, Indian Trail Shopping Center, presents a compelling investment opportunity. Spanning 31.775 acres, the property boasts a total building area of 293,085 square feet and is strategically located on Preston Highway, a major artery providing direct access to downtown Louisville. Its prime location offers unparalleled visibility and accessibility, attracting a substantial customer base. The center currently features a mix of multiple tenants, including well-established national brands, catering to the thriving blue-collar neighborhood. This location benefits significantly from its proximity to the UPS airport hub, one of Louisville's largest employers, ensuring a consistent flow of potential customers. Five spaces are currently available, ranging in size from 600 square feet to 17,145 square feet, providing flexibility for a variety of retail businesses. This presents a unique chance to establish or expand your retail presence in a high-traffic area with a strong existing tenant base. The property is situated in Jefferson County, Kentucky, offering further advantages in terms of local infrastructure and market dynamics. The scale and location of this power center make it an ideal investment for discerning buyers seeking a high-return opportunity in a robust retail market. The existing national tenants provide a strong foundation for future growth and stability.

    Property Features for 5601 Preston Hwy Louisville Ky

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    293,085 SF
    Total Rate
    195390

    Unit(s) available at that property

    Space
    5609
    Size
    17,145 SF
    Rate per SF
    $8
    Space
    5721
    Size
    3,600 SF
    Space
    5745
    Size
    3,600 SF
    Space
    5771A
    Size
    3,526 SF
    Space
    5627
    Size
    600 SF

    HighLights

    • Retail power center totaling 293,085 square feet in Jefferson County.
    • Five available spaces ranging from 600 to 17,145 square feet.
    • Located on Preston Highway, a major thoroughfare in Louisville, near a UPS airport hub.
    • Situated on 31.775 acres and anchored by established national tenants.
    • Serves a well‑established blue‑collar neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Jefferson
    State
    Kentucky
    Longitude
    -85.7058133
    Latitude
    38.168491

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    FAQs

    What type of property is this?
    Power center - Power Center with 5 spaces available.
    Where is this power center located?
    The property is located at 5601 Preston Hwy Louisville Ky Louisville, KY.
    What is the lease rate?
    The lease rate is $0.00-$8 SF/Yr.
    What are key features of this property?
    This property features: Retail power center totaling 293,085 square feet in Jefferson County.; Five available spaces ranging from 600 to 17,145 square feet.; Located on Preston Highway, a major thoroughfare in Louisville, near a UPS airport hub.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5601 Preston Hwy Louisville Ky Louisville, KY 40219
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