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Walgreens | 3.10% Assumable Financing 4025 Taylorsville Rd 15,058 SF Retail Building Louisville, KY 40220 $8,208,374 CAD ($545.12 CAD/SF) 7.93% Cap Rate
INVESTMENT HIGHLIGHTS
- Original 20-Year Lease – Triple Net Structure
- Exceptional Assumable Debt
- Excellent Corporate Guaranty
EXECUTIVE SUMMARY
NNN Pro and Bang Realty are pleased to present the exclusive listing for a Walgreens located at 4025 Taylorsville Road, Louisville, KY 40220. The site consists of roughly 15,058 rentable square feet of building space on an estimated 1.72-acre parcel of land. This Walgreens is subject to a 20-year Triple Net (NNN) lease, which commenced 1/15/2000. The current annual rent is $470,000.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,058 SF
Building Class
B
Year Built
1999
Price
$8,208,374 CAD
Price Per SF
$545.12 CAD
Cap Rate
7.93%
NOI
$650,715 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Zoning
B-1 - Commercial
Parking
85 Spaces (5.64 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 091P01260000 | Improvements Assessment | $2,258,250 CAD |
| Land Assessment | $967,822 CAD | Total Assessment | $3,226,072 CAD |
PROPERTY TAXES
Parcel Number
091P01260000
Land Assessment
$967,822 CAD
Improvements Assessment
$2,258,250 CAD
Total Assessment
$3,226,072 CAD
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Walgreens | 3.10% Assumable Financing | 4025 Taylorsville Rd
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