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Carvana 1510 Lake Shore Ct

5,709 SF Retail Building Louisville, KY 40223 £6,871,402 (£1,204/SF) 6.75% Net Initial Yield

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INVESTMENT HIGHLIGHTS

Long-Term Triple-Net (NNN) Lease
Attractive Rental Increases

Strong Corporate Guarantee | This lease is subject to a strong corporate guarantee from Carvana, LLC (40+ Units).

EXECUTIVE SUMMARY

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 1.25x 5 year cpi every 5 years