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4101 Outer Loop
Louisville, KY 40219
 CVS - Absolute NNN · Retail Property For Sale

Drug Stores Kentucky Louisville 4101 Outer Loop, Louisville, KY 40219

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EXECUTIVE SUMMARY

Rare 23 year lease hold opportunity with additional 25 year options and 8-9% rent increases
Absolute NNN with Zero Landlord Responsibilities
Corporate Lease Guaranteed by CVS Health Corporation
CVS pays Ground Rent directly
Perfect for 1031 Buyer
Great property for cost segregation and Bonus Depreciation

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,605 SF
Year Built
2022
Price
$8,254,886 CAD
Price Per SF
$778.40 CAD
Cap Rate
5.25%
NOI
$433,366 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.24 AC
Zoning
C1-COMMERC
Parking
41 Spaces (3.87 Spaces per 1,000 SF Leased)
Frontage
151’ on Outer Loop

PROPERTY TAXES

Parcel Number 078800580000 Improvements Assessment $2,664,902 CAD
Land Assessment $4,768,772 CAD Total Assessment $7,433,674 CAD

PROPERTY TAXES

Parcel Number
078800580000
Land Assessment
$4,768,772 CAD
Improvements Assessment
$2,664,902 CAD
Total Assessment
$7,433,674 CAD
 

  • Listing ID: 33837125

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 4101 Outer Loop, Louisville, KY 40219

The Okolona Retail Property at 4101 Outer Loop, Louisville, KY 40219 is currently available. Contact Rinnier Development Company for more information.

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