3600 Bardstown Rd - Bank FOR SALE


Louisville, KY 40218- West Buechel
$3,721,250 USD
847-562-8500
3600 Bardstown Rd, Louisville, KY for Sale
$3,721,250 USD
Bank - FOR SALE
1/5
null | 6% Cap Rate

3600 Bardstown Rd
Louisville, KY 40218
West Buechel


HIGHLIGHTS

  • Positioned within the Louisville MSA
  • JP Morgan Chase is an investment grade rated tenant – S&P: A+
  • Early 10-year lease extension through October 2036
  • Multi-decade operating history
  • NNN– no landlord responsibilities
  • Outparcel in a Lowe’s anchored shopping center

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chase Bank located in Louisville, Kentucky. Chase Bank has an operating history that spans multiple decades at this location. Chase Bank has further demonstrated their commitment by signing an early 10-year lease extension that extends the lease through October 2036. JP Morgan Chase is an investment grade rated tenant, rated A+ by Standard & Poor’s. The 3,176 square-foot building benefits from its position along Bardstown Road (50,000+ VPD) and proximity to Interstate 264 which hosts over 182,000 vehicles per day. The subject property is located on an outparcel of a shopping center anchored by Lowe’s Home Improvement, Target, and Walmart Supercenter. Retailers occupying the neighboring shopping centers include Costco, Burlington, Kroger, Walgreens, Harbor Freight, and several others. The property is also located 20 minutes southeast of downtown Louisville and blocks from Seneca High school which hosts over 1,250 students. There are over 253,000 people living within a five-mile radius where the average household income is $94,633. Chase Bank, the U.S. consumer and commercial banking arm of JPMorgan Chase & Co. (NYSE: JPM), is an integral component of a leading global financial services firm with operations spanning over 60 countries and $2.6 trillion in assets. Founded in 1799 as the Bank of the Manhattan Company, Chase boasts a rich heritage steeped in financial innovation and service excellence. Today, it serves millions of customers nationwide, with over 4,700 branches and 16,000 ATMs, making it one of the largest banking institutions in the United States.

FOR SALE DETAILS

PRICE

$3,721,250 USD

PRICE/SF

$1,172 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

CROSS STREETS

Bashford Manor Ln

LAND ACRES

0.95 AC

LAND SF

41,477 SF

ZONING

C2-COMMERC

APN/PARCEL ID

2069005A0000,2069005B0000

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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