5110 Dixie Highway, Louisville, KY 40216 For Sale

Truist Bank sits on ±1.21 acres along Dixie Highway, one of Louisville’s primary commercial corridors, with strong visibility and access near major national retailers including Walgreens, Kroger, Aldi, Walmart, and other established area traffic drivers. Built in 2006, the property features an attractive brick construction, 35 parking spaces, and five drive-thru lanes. The asset is secured by an absolute net ground lease with Truist Bank, a top-10 U.S. commercial bank and subsidiary of Truist Financial Corporation (NYSE: TFC), which carries investment-grade ratings. The offering includes approximately six years of remaining lease term through December 31, 2031, plus three 5-year renewal options with rent increases in each option period. Current NOI is $102,000 annually. Positioned within the Louisville metro—home to more than 1.3 million residents and a major regional logistics and commercial hub—this property presents a compelling combination of stable income, strong tenancy, and prime corridor location.