Louisville, KY - Taco Bell
$1,739,000
3459 Taylor Blvd, Louisville, KY 40215
5.75
Cap Rate
100,000
NOI
Details:
Description:
• A brand-new 20-year lease will commence for this recently remodeled property at the close of escrow, reflecting the tenant’s long-term commitment to the site
• The lease includes four (4) additional 5-year renewal options and 10% rent increases every five years, supporting steady NOI growth and providing a natural hedge against inflation
• The tenant, ABTB Louisville, LLC, is a proven franchisee with a strong operational track record and a portfolio of 44 units under management
• Situated within a heavily trafficked retail corridor alongside national brands such as Dollar General Market, Wendy’s, and Rally’s, enhancing tenant synergy
• Located just 0.7 miles from Churchill Downs, home of the world-renowned Kentucky Derby, which attracts both local and tourist foot traffic throughout the year
• The property boasts prominent frontage along Taylor Blvd (22,800 VPD), with direct access to Berry Blvd (11,000 VPD) and is just 0.5 miles from I-264 (169,200 VPD)
• Strategic positioning near major intersections ensures high visibility and easy ingress/egress for customers
Location

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