Cliffside Plaza
Fully Leased Neighborhood Ctr | 6.20% CAP | 18,330 SqFt
Marketing description
TRIO Commercial Property Group is pleased to present the exclusive opportunity to acquire a multi-tenant retail center located at 1961 Brownsboro Road in Louisville, Kentucky. The property totals approximately 18,330 square feet across two buildings, featuring a diverse tenant mix and exceptional visibility along one of Louisville’s most established retail corridors.
Total Building Area: ±18,330 SF across two buildings
Zoning: C-2 Commercial (supports a wide range of retail, office, and service-oriented uses)
Occupancy: 100% occupied, multi-tenant retail center with a stable rent roll and long-term tenancy
Parking: Ample on-site parking to accommodate both tenants and customers
PROPERTY HIGHLIGHTS
Well Position Location: Strategically located along Brownsboro Road, a high-traffic corridor with 9,018 vehicles per day (ADT) and strong visibility from multiple approaches.
Established Trade Area: Situated in one of Louisville’s most desirable submarkets—minutes from Frankfort Avenue, I-71, and I-264—surrounded by top-tier national and local retailers.
Strong Demographics: Within a 3-mile radius, the area boasts 91,216 residents with an average household income exceeding $72,000, reflecting a stable, affluent consumer base.
Attractive Fundamentals: Combination of high occupancy and consistent rental income creates an appealing risk-adjusted return profile for investors.
Accessibility & Exposure: Convenient access from both Brownsboro Road and surrounding arterials ensures strong daily traffic and visibility.
Vibrant Surroundings: The property benefits from proximity to a mix of retail, dining, service-oriented businesses and residential neighborhoods that drive year-round customer traffic.
This offering represents a rare opportunity to acquire a fully leased, multi-tenant retail center in one of Louisville’s most established corridors. The asset combines stable in-place income with long-term growth potential in a thriving infill location.
Investment highlights
The property features a diverse and complementary tenant mix of established local and national operators, contributing to stable long-term cash flow and balanced risk across the rent roll. Many tenants maintain multi-year lease commitments, reflecting the property’s strong location fundamentals and consistent customer draw along Brownsboro Road.
Family Dollar & Papa Johns anchor the center, providing steady daily traffic and national brand recognition.
Golden Wash recently executed a long-term lease through 2035, reinforcing long-term stability.
H&R Block, a legacy tenant since the late 1990s, reflects the property’s sustained occupancy and consistent performance.
Local and service-based tenants such as Nail Nurses and Tikal Placita enhance community engagement and diversify the tenant profile.
The combination of creditworthy national retailers and loyal local tenants positions the property as a strong, income-producing asset with minimal turnover risk.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
