7724 Bardstown Rd Louisville, KY 40291
High-traffic, 20-year NNN ground lease.
Property size:
4,600 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 368
Property Features for 7724 Bardstown Rd
General Information
- Property type
- Restaurants
- Square Feet
- 4,600 SF
- Lot Size
- 56,628 SF
Building Details
- Year Built
- 2022
HighLights
- 20‑year absolute NNN ground lease on a McDonald's restaurant.
- 4,600 SF building on a 1.3‑acre lot at a hard‑signalized intersection with over 53,000 vehicles per day.
- Built in 2022, with an 18‑year lease remaining (commenced December 2, 2022), including rent increases.
- Strong tenant (McDonald's) with corporate guarantee and a BBB+ (S&P) / Baa1 (Moody's) credit rating; $100,000 NOI, 3.85% cap rate, $2,598,000 asking price.
- High‑traffic location with dense population (141,062 within 5 miles) and strong average household incomes (over $105,000 within 5 miles); surrounded by new retail, residential, and mixed‑use developments, including a new grocery store and medical clinic.
Current Use by Public Records
McDonald's
Fast Food Restaurant
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.580554
- Latitude
- 38.13432
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - High-traffic, 20-year NNN ground lease.
Where is this restaurant located?
The property is located at 7724 Bardstown Rd Louisville, KY.
What is the asking price?
The asking price for this property is $2,598,000.
What are key features of this property?
This property features: 20-year absolute NNN ground lease on a McDonald's restaurant.; 4,600 SF building on a 1.3-acre lot at a hard-signalized intersection with over 53,000 vehicles per day.; Built in 2022, with an 18-year lease remaining (commenced December 2, 2022), including rent increases.
