Louisville, KY (3520 Bardstown Rd) - Taco Bell

Description:

• 12+ years of primary lease term remaining, ensuring secure long-term cash flow
• Lease provides 3 (5-Year), 1 (4-Year) and 1 (1-Year, 3-Month, 30-Day option) options with 10% rental increases every 5 years, providing stable NOI growth and a 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

• Located along Bardstown Road, one of Louisville’s busiest retail corridors, featuring national retailers such as Target, Walmart, Costco, Lowe’s, Hobby Lobby, Aldi, and Kroger
• Surrounded by multiple shopping centers including Bardstown Square, Bashford Mall, and Buechel Station Shopping Center, creating exceptional consumer synergy and strong traffic flow
• The corridor benefits from both established anchors and new-to-market retail and restaurant concepts, enhancing long-term tenant stability
• Prominently positioned along Bardstown Road, which sees 35,400 vehicles per day (VPD), and near I-264 with over 73,100 VPD, providing excellent visibility and regional connectivity
• Hard corner location offers strong ingress/egress and exposure to one of the city’s primary retail and commuter arteries