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Pizza Hut & Fifth Third Bank Package Investment Opportunity

Retail | 5.12% CAP | 5,722 SF

Listing Contacts

Active

Asking Price: $2,950,000
Address 

3601 & 3603 Buechel Bypass, Louisville, KY 40218

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Date Added
Feb 11, 2025
Days on Market
68 days
Time Since Last Update
64 days

Details

Property TypeRetail
SubtypeBank, Restaurant, Commercial
Lease TypeNNN
TenancySingle
Square Footage5,722
Cap Rate5.12%
NOI$156,201
Units2
ZoningC-1
Lot Size (acres)1.256
IntelligenceINTELLIGENCE
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Marketing Description

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

Investment Highlights

  • ​Two, Single Tennant, NNN Investment Properties in One Package
  • ​Long-term Leases in Place
  • ​40,000+ Cars Per Day
  • ​Great Location
  • ​Across from Kroger
  • ​Near Costco, Lowes, Walmart and More
  • ​NOI $156,201
  • ​0.8 Miles South of I-264

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,201.00
$13,016.75/mo

Valuation Metrics

0
DSCR
5.29%
Cap Rate
5.29%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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