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2412 S Preston St
Louisville, KY 40217

Value-Add QSR Near University of Louisville · Retail Property For Sale

Investment Highlights

  • 2412 S Preston St is a vacant former Rally's location with tremendous upside through strategic NNN lease-up to another fast-food tenant.
  • 2412 S Preston Ave sits 1.8 miles from the Louisville Muhammad Ali International Airport, the fourth-busiest cargo airport in the world.
  • Popular venues in the area include Churchill Downs, Cardinal Stadium, Kentucky Exposition Center, and Kentucky Kingdom & Hurricane Bay.
  • Located less than a mile from the University of Louisville and less than 3.5 miles from Downtown Louisville.
  • National tenants nearby include KFC, Pizza Hut, Family Dollar, White Castle, USPS, Walgreens, Domino's, and more.

PROPERTY FACTS

Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,552 SF
Building Class
C
Year Built
1991
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.52 AC
Zoning
C1
Parking
12 Spaces (7.26 Spaces per 1,000 SF Leased)
Frontage
84 ft on Preston Hwy

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
083B02360000
Land Assessment
£158,780
Improvements Assessment
£541,663
Total Assessment
£700,444
  • Listing ID: 29090546

  • Date on Market: 24/07/2023

  • Last Updated:

  • Address: 2412 S Preston St, Louisville, KY 40217

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