1510 Lake Shore Ct - Freestanding FOR SALE


Jeffersontown, KY 40269
$8,640,100 USD
332-345-4222
1510 Lake Shore Ct, Jeffersontown, KY for Sale
$8,640,100 USD
Freestanding - FOR SALE
1/2
null | 6.75% Cap Rate

1510 Lake Shore Ct
Jeffersontown, KY 40269


HIGHLIGHTS

  • Long-Term Triple Net (NNN) Lease
  • Strong Corporate Guarantee
  • Attractive Rental Increases

OVERVIEW

NNN Pro and Bang Realty are pleased to present the exclusive listing for a Carvana located at 1510 Lake Shore Court, Louisville, KY 40223. The site consists of roughly 5,709 rentable square feet of building space on an estimated 1.5-acre parcel of land. This Carvana is subject to an Absolute Triple Net (NNN) lease, which has over 17.1 years of term remaining. The current annual rent is $583,207 and has scheduled increases of lesser of 7.923377% or 1.25x5 year cpi every 5 years.

FOR SALE DETAILS

PRICE

$8,640,100 USD

PRICE/SF

$1,513 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carvana

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C2

APN/PARCEL ID

190700370003

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.