Louisville, KY (S Brook St) - Taco Bell

Description:

• Franchisee guaranteed lease with 12+ years of the primary lease term remaining, ensuring secure long-term cash flow with 10% rental increases every 5 years
• The lease provides five renewal options, including one (3-year, 5-month), one (2-year), and three (5-year) extensions,ith 10% rent increases at the start of each 5-year option
• The tenant, ABBTB Louisville, LLC is a proven franchisee with a strong operational track record and a portfolio of 44+ units under management

• The property is strategically located near the University of Louisville with an enrollment of 22,000+ students and other major demand drivers such as Churchill Downs
• The property is near other credit/national tenants such as Kroger, McDonald’s, Walgreens, Subway, O’Reilly Auto Parts, Family Dollar, QDOBA Mexican Eats and more
• The property is located at the signalized intersection of Brook St and E Bloom St
• The subject property is near I-65, the major corridor connecting Indiana and Kentucky, which sees approximately 168,700 vehicles per day
• The property benefits from excellent frontage visibility along Brook Street and is further enhanced by prominent pylon signage