Pizza Hut & Fifth Third Bank Package Investm | 3603 Buechel Byp
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Pizza Hut & Fifth Third Bank Package Investm 3603 Buechel Byp
5,772 SF 100% Leased Retail Building Louisville, KY 40218 £2,374,437 (£411/SF)
Investment Highlights
- Two, Single Tennant, NNN Investment Properties in One Package
- Great Location
- 40,000+ Cars Per Day
- Long-term Leases in Place
- Across from Kroger
- NOI $156,201
Executive Summary
Price Reduction on an Exciting Investment Opportunity in Louisville, Kentucky!
Discover the potential of a dual Single Tenant, NNN investment package in the vibrant city of Louisville. This unique offering includes two long-term tenants, Pizza Hut and Fifth Third Bank, situated in an unparalleled location surrounded by the bustling streets of Bardstown Road, Bardstown Bypass, and Hikes Lane. Talk about visibility... This one has INCREDIBLE visibility!
PROPERTY FEATURES:
Tenant Mix: The property boasts two esteemed tenants, Pizza Hut and Fifth Third Bank, ensuring stability and diversity in your investment portfolio.
Location: Strategically positioned at the intersection of Bardstown Road, Bardstown Bypass, and Hikes Lane, the properties enjoy exposure to a high-traffic area with daily counts exceeding 40,000. This prime location provides unparalleled visibility and accessibility.
FINANCIAL HIGHLIGHTS:
LEASE DETAILS:
Pizza Hut: Currently leased with a lease expiration in 2027, providing a solid income stream until then.
Fifth Third Bank: Secured in a new 20-year lease with four options to renew, each accompanied by 12% escalations. This long-term commitment from a reputable tenant adds a layer of stability to the investment.
ADDITIONAL INFORMATION:
For a more in-depth understanding of the financial performance and potential of these properties, additional financial information is available upon the signing of a Confidentiality Agreement (CA).
Don't miss out on this tremendous investment opportunity that combines strong cash flow, renowned tenants, and a strategic location. Whether you're a seasoned investor or exploring new avenues, this dual-property package in Louisville presents a compelling proposition. Act now to secure your stake in this prime real estate investment!
Discover the potential of a dual Single Tenant, NNN investment package in the vibrant city of Louisville. This unique offering includes two long-term tenants, Pizza Hut and Fifth Third Bank, situated in an unparalleled location surrounded by the bustling streets of Bardstown Road, Bardstown Bypass, and Hikes Lane. Talk about visibility... This one has INCREDIBLE visibility!
PROPERTY FEATURES:
Tenant Mix: The property boasts two esteemed tenants, Pizza Hut and Fifth Third Bank, ensuring stability and diversity in your investment portfolio.
Location: Strategically positioned at the intersection of Bardstown Road, Bardstown Bypass, and Hikes Lane, the properties enjoy exposure to a high-traffic area with daily counts exceeding 40,000. This prime location provides unparalleled visibility and accessibility.
FINANCIAL HIGHLIGHTS:
LEASE DETAILS:
Pizza Hut: Currently leased with a lease expiration in 2027, providing a solid income stream until then.
Fifth Third Bank: Secured in a new 20-year lease with four options to renew, each accompanied by 12% escalations. This long-term commitment from a reputable tenant adds a layer of stability to the investment.
ADDITIONAL INFORMATION:
For a more in-depth understanding of the financial performance and potential of these properties, additional financial information is available upon the signing of a Confidentiality Agreement (CA).
Don't miss out on this tremendous investment opportunity that combines strong cash flow, renowned tenants, and a strategic location. Whether you're a seasoned investor or exploring new avenues, this dual-property package in Louisville presents a compelling proposition. Act now to secure your stake in this prime real estate investment!
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
5,772 SF
Year Built/Renovated
2002/2020
Price
£2,374,437
Price Per SF
£411
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Lot Size
0.53 AC
Zoning
C-1
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £575,967 | |
| Land Assessment | £552,728 | Total Assessment | £1,128,695 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£552,728
Improvements Assessment
£575,967
Total Assessment
£1,128,695
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Pizza Hut & Fifth Third Bank Package Investm | 3603 Buechel Byp
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