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Property profile

0 Bardstown Rd Louisville, KY 40204

OFF-MARKET
Retail properties & Spaces
14,400 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three buildings totaling 14,400 square feet situated on Bardstown Road in Louisville's vibrant Highlands neighborhood. The property consists of four adjacent parcels, currently operating at 100% occupancy with a diverse tenant mix including two established restaurants. The buildings are two stories high and zoned C-1 Commercial District, offering flexibility for future uses. The current lease structure is a triple net (NNN) lease with a remaining term of one year, providing immediate cash flow and potential for long-term growth. The asking price is $6,000,000, translating to a price per square foot of $416.67. This is a unique opportunity to acquire a well-established, multi-tenant retail portfolio in a high-demand location. The seller is open to considering offers on individual properties, but prefers a package sale. A confidentiality agreement is required to access further details and financial information. This is an ideal investment for those seeking a strong return in a thriving commercial area. The property's prime location on Bardstown Road ensures high visibility and accessibility, attracting a large customer base. The existing tenants provide a stable income stream, minimizing risk and maximizing potential for future appreciation.

Property profile

Verified
Property type Retail properties & Spaces
Total area 14,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Bardstown Rd Louisville, KY 40204
Louisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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