$2,187,500
Ciao Ristorante
Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 7,630
Cap Rate 8.00%
NOI $175,000
Tenancy Single
Lease Type NNN
Lease Term 10
Price per SqFt $287
Year Built 1961
Year Renovated 2024
Retail | 8.00% CAP | 7,630 SqFt
Marketing description
This single-tenant NNN property is available at a below-market price of an 8 cap rate. The tenant-operator is an established restauranteur in the area and has agreed to execute a fresh 10 year lease at the sale closing.
Hard corner in gentrified, affluent suburb of Louisville, KY.
Investment highlights
- $175,000 NOI
- New 10 Yr NNN Lease at Closing
- Offered at Below-Market 8 Cap Rate
- Established Local Operator w/ Personal Guaranty
- Full Renovation in 2024
- Full Bar & Outdoor Patio
- 2% Buy-Side
- Historic Irish Hill Neighborhood
- Outdoor Patio Seating
- Full Bar License
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$175,000.00
$14,583.33/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Zoning
C1 CommercialGeneral CommercialCommercial District
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View all 446 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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