5205 New Cut Rd Louisville, KY 40214

Exceptional investment opportunity in Louisville, KY. Colonial Gardens, a fully leased, multi-tenant restaurant complex, offers a stabilized investment with a 6.0% cap rate. This 18,697 square foot property, built in 2018 and situated on high-traffic New Cut Road across from Iroquois Park Amphitheater, comprises four individual restaurant units operating under NNN leases. The property boasts 74 off-street parking spaces and shared common areas, catering to a diverse clientele drawn to the popular park and its events. The recent complete restoration and renovation have transformed this historic Louisville landmark into a thriving commercial hub. Potential for assumable debt and/or seller financing adds further appeal to this turnkey investment. The property is zoned C-1 and offers significant upside potential given its prime location and strong tenant occupancy. This is a rare opportunity to acquire a well-established, high-performing restaurant portfolio in a desirable Kentucky market. The property's location on a major commuting route ensures high visibility and accessibility, maximizing its potential for continued success. The four units provide diversification and resilience, mitigating risk and enhancing the overall investment value. This offering presents a compelling opportunity for investors seeking a stable, high-return investment with significant growth potential.