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    7525 Outer Loop Louisville, KY 40228

    Sponsored
    For Lease
    $1.00 SF/Yr ($10,333 /Mo)

    Louisville, KY Retail Space: Redevelopment Opportunity

    Lot size:
    124,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail redevelopment opportunity in Louisville, Kentucky, presents 124,000 square feet of potential. Located at 7525 Outer Loop, this single-tenant property offers flexible space ranging from 2,300 to 22,300 square feet. The property is part of the Outer Loop Plaza shopping center, strategically situated near the intersection of Outer Loop and Fegenbush Lane, boasting a high average daily traffic count of 31,777 vehicles. The center benefits from a strong grocery anchor, Value Market, a long-standing business with over 45 years of operation, and a diverse tenant mix including JD Becker, Little Caesars, Subway, New View Bar & Grill, and Barber & Styling. This prime location enjoys a significant population base, with 67,407 residents within a 3-mile radius and 184,749 within a 5-mile radius, exhibiting a median household income of $72,256. Further enhancing its appeal is the adjacency to a newly constructed 212-unit apartment complex, Frontgate Apartments, and recent upgrades to the shopping center, including LED parking lot lighting and a signalized light on Outer Loop. This property offers a compelling combination of established tenancy, high traffic volume, strong demographics, and significant redevelopment potential. The property is approximately one mile from I-265, providing convenient access to major transportation arteries.

    Property Features for 7525 Outer Loop

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    124,000 SF
    Total Rate
    10333.33

    Unit(s) available at that property

    Space
    Size
    22,300 SF
    Rate per SF
    $99

    HighLights

    • 124,000 SF retail redevelopment opportunity in Louisville, KY.
    • Single‑tenant property with flexible space (2,300 - 22,300 SF) at 7525 Outer Loop.
    • Located in Outer Loop Plaza with high traffic (31,777 AADT) near Outer Loop & Fegenbush Lane intersection.
    • Strong anchor tenant (Value Market) and diverse tenant mix.
    • Excellent demographics: 67,007 residents within 3 miles, $72,256 median household income.
    • Adjacent to a new 212‑unit apartment complex and recently upgraded shopping center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Highview Ice Cream ... Coffee 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
    -85.62008107
    Latitude
    38.13868094

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    FAQs

    What type of property is this?
    Retail property - Louisville, KY Retail Space: Redevelopment Opportunity
    Where is this retail property located?
    The property is located at 7525 Outer Loop Louisville, KY.
    What is the lease rate?
    The lease rate is $99 SF/Yr.
    What are key features of this property?
    This property features: 124,000 SF retail redevelopment opportunity in Louisville, KY.; Single-tenant property with flexible space (2,300 - 22,300 SF) at 7525 Outer Loop.; Located in Outer Loop Plaza with high traffic (31,777 AADT) near Outer Loop & Fegenbush Lane intersection.
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    7525 Outer Loop Louisville, KY 40228
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    Louisville, KY 40228
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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
    7525 Outer Loop Louisville, KY 40228
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