Log In/Sign Up
Your email has been sent.
Trophy Dutch Bros | Next to Kentucky Derby 3145 S 3rd St 950 SF Retail Building Louisville, KY 40214 $3,878,463 CAD ($4,082.59 CAD/SF) 5.25% Cap Rate
Investment Highlights
- New Construction | 15-Year Lease | 10% Increases Every 5 Years
- Generational Real Estate | Directly Across from Churchill Downs/Kentucky Derby & University of Louisville Sports Stadiums
- Adjacent to University of Louisville | Major Expansion & Renovations in Progress
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Direct Access to I-264 (175,100 VPD) | Infill Urban Corridor
- Close to Downtown Louisville & Louisville International Airport
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located in Louisville, Kentucky (Churchill Downs). The tenant, Dutch Bros, recently signed a brand new 15 year lease. The lease features 10% rental increases every 5 years throughout the initial term, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
C
Year Built
2026
Construction Status
Proposed
Price
$3,878,463 CAD
Price Per SF
$4,082.59 CAD
Cap Rate
5.25%
NOI
$203,627 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.54 AC
Zoning
C-1 - Neighborhood Commercial District
Parking
14 Spaces (14.74 Spaces per 1,000 SF Leased)
Frontage
212’ on South 3rd Street
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dutch Bros
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dutch Bros | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 055C00200000 | Improvements Assessment | $0 CAD |
| Land Assessment | $21,714 CAD | Total Assessment | $21,714 CAD |
Property Taxes
Parcel Number
055C00200000
Land Assessment
$21,714 CAD
Improvements Assessment
$0 CAD
Total Assessment
$21,714 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Trophy Dutch Bros | Next to Kentucky Derby | 3145 S 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.