7724 Bardstown Rd - Fast Food FOR SALE


Louisville, KY 40291
$2,598,000 USD
415-690-5522
7724 Bardstown Rd, Louisville, KY for Sale
$2,598,000 USD
Fast Food - FOR SALE
1/5
null | 3.85% Cap Rate

7724 Bardstown Rd
Louisville, KY 40291


HIGHLIGHTS

  • 20-Year Absolute NNN Ground Lease to investment-grade tenant
  • High visibility, signalized hard corner location in affluent and dense trade area
  • Outparcel to new high-profile retail development in premier retail corridor
  • New 2022 construction with dual drive through

OVERVIEW

Located on a hard signalized corner with 53,244 vehicles per day directly in front of the site Cedar Creek Crossing is located at the highest trafficked intersection in the MSA outside of the I-265 beltway with over 53,000 vehicles per day directly in front of the site. Surrounded by numerous new retail, residential, and mixed use developments Strong annual household income of $110,403 within a three-mile radius and $105,345 within a five-mile radius (each expected to grow by 16%+ by 2029) Dense population of 141,062 residents within a five-mile radius

FOR SALE DETAILS

PRICE

$2,598,000 USD

PRICE/SF

$565 USD /SF

CAP RATE

3.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,761 SF

ZONING

C-1

APN/PARCEL ID

064702240000,23064703000000

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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