1578 Bardstown Rd
Retail | 6.00% CAP | 2,405 SqFt
Marketing description
Prime Retail Investment Opportunity |
Secure a high-visibility asset in the heart of the Highlands, Louisville’s premier "Restaurant Row" and most established retail corridor. This 2,405 SF property offers an immediate, stabilized income stream with a 5-year NNN lease already in place, making it a turnkey addition for any income-focused portfolio.
The building is fully optimized for modern food and beverage operations, featuring high-end finishes and an versatile layout that includes indoor/outdoor functionality via a roll-up glass door. Its location along Bardstown Road ensures constant pedestrian traffic and unmatched visibility in a district known for its long-term market desirability and dense consumer activity.
Investment Highlights
Stabilized Income: 5-year lease term with an existing tenant provides near-term cash flow security.
Passive Ownership: NNN lease structure significantly reduces landlord maintenance and expense responsibilities.
Prime Location: Situated in a high-barrier-to-entry trade area with strong demographics and consistent foot traffic.
Turn-Key Restaurant Buildout: Modern interior finishes and existing restaurant infrastructure (restaurant/lounge use) minimize future capital requirements.
Premium Amenities: Features a rear patio/deck and roll-up glass doors to maximize revenue potential through seasonal outdoor seating.
Market Resilience: Located within the Bardstown Road/Baxter Avenue Overlay District, ensuring long-term aesthetic and commercial standards for the neighborhood.
Property Specifications
Zoning: Positioned within the Bardstown Road/Baxter Avenue Corridor Review Overlay, supporting high-density commercial use.
Functionality: Flexible layout adaptable for diverse food, beverage, or boutique retail concepts.
Accessibility: High-visibility frontage on a corridor serving over 20,000+ vehicles per day in nearby segments.
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