7710 Bardstown Rd Louisville, KY 40291
17-Tenant Net Lease Retail Portfolio
Property size:
43,368 SFProperty Features for 7710 Bardstown Rd
General Information
- Property type
- Lifestyle centers
- Square Feet
- 43,368 SF
- Class
- A
- Lot Size
- 385,942 SF
Building Details
- Year Built
- 2023
- Buildings
- 6
Listing Agency: Hogan Real Estate Listing Agent: Justin R Phelps
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional investment opportunity: a premier, 100% occupied, multi-tenant retail center in Louisville, KY. This Class A property boasts 43,368 square feet across six buildings on an 8.86-acre lot, featuring a diverse mix of 17 national tenants including McDonald's, Starbucks, Chipotle, and more. Built in 2023, the center benefits from a strong location in a high-growth area with over 50,000 vehicles passing daily. The property features a weighted average lease term of 10 years with built-in rent escalations, providing a secure and stable income stream. The asking price is $31,288,420, representing a 5.00% cap rate and a NOI of $1,564,421. The property is zoned C-1 and includes four outlots and two multi-tenant retail centers. This is an ideal investment for 1031 exchange or private equity investors seeking a high-quality, net-lease retail portfolio in a thriving market. The property's diverse tenant mix, long-term leases, and prime location make it a compelling investment opportunity with significant upside potential. The strong demographics of the area, with an average household income exceeding $100,000 within a 3-mile radius, further enhance the property's value and long-term prospects. This is a turnkey investment with minimal management requirements, offering a stable and predictable return on investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chipotle Mexican Grill
Restaurant
Sleep Number
Furniture & Home Goods
Location Insight
- Map
- Local Demand
- City
- Louisville
- County
- Jefferson
- State
- Kentucky
- Longitude
- -85.57994325
- Latitude
- 38.13512864
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FAQs
What type of property is this?
Lifestyle center - 17-Tenant Net Lease Retail Portfolio
Where is this lifestyle center located?
The property is located at 7710 Bardstown Rd Louisville, KY.
What is the asking price?
The asking price for this property is $31,288,420.
What are key features of this property?
This property features: $31,288,420 asking price for a Class A, multi-tenant retail property.; Net lease (NNN) investment with a 5.00% cap rate and $1,564,421 NOI.; 17 tenants in a 43,368 square foot space, 100% occupied, with a weighted average lease term of 10 years and rent escalations.