3277 Taylor Blvd - Freestanding FOR SALE


Louisville, KY 40215
$1,140,096 USD
424-414-2710
3277 Taylor Blvd, Louisville, KY for Sale
$1,140,096 USD
Freestanding - FOR SALE
1/16
null | 7.25% Cap Rate

3277 Taylor Blvd
Louisville, KY 40215


HIGHLIGHTS

  • LONG-TERM CORPORATELY GUARANTEED LEASE
  • MINIMAL LANDLORD RESPONSIBILITIES The subject property operates under a Double Net (NN) lease
  • HOME OF THE KENTUCKY DERBY Directly adjacent to the property is Churchill Downs, the world-famous horse racing complex
  • STRATEGIC LOCATION The subject property benefits from its location with frontage on Taylor Blvd, which has traffic counts exceeding 21,070 VPD
  • UNIVERSITY OF LOUISVILLE Less than 2 miles away from the property is the University of Louisville

OVERVIEW

PRICING - $1,140,096 CAP RATE - 7.25% NOI - $82,658 LEASE TERM - 7.5+ YEARS GUARANTEE - CORPORATE

FOR SALE DETAILS

PRICE

$1,140,096 USD

PRICE/SF

$142 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar | Louisville, KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,521 SF

ZONING

Commercial

APN/PARCEL ID

051C00600000

ASK ABOUT THIS PROPERTY

424-414-2710

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424-414-2710

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