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INVESTMENT HIGHLIGHTS
- Long-term ground lease with Circle K through 2048
- Surrounded by national retailers and schools
- Freestanding retail building on 0.56-acre site
- Located in high-traffic Pleasure Ridge Park corridor
- 17,696 daily traffic count on Greenwood Road
EXECUTIVE SUMMARY
Ideal passive investment opportunity now available for sale in southwest Louisville! Built in 1999 and operated continuously since, the Circle K at Greenwood Road and Blue Sky Avenue is on a long term ground lease with multiple extensions that run to 2048. Located in the densely populated Pleasure Ridge Park neighborhood, the property is situated in close proximity to Pleasure Ridge Park High School, Greenwood Elementary School, and the busy Dixie Highway trade area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
3,169 SF
Building Class
C
Year Built
1999
Price
$1,384,500 CAD
Price Per SF
$436.89 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.74 AC
Zoning
C-1
Parking
16 Spaces (5.05 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 103102020040 | Improvements Assessment | $978,859 CAD |
| Land Assessment | $260,696 CAD | Total Assessment | $1,239,555 CAD |
PROPERTY TAXES
Parcel Number
103102020040
Land Assessment
$260,696 CAD
Improvements Assessment
$978,859 CAD
Total Assessment
$1,239,555 CAD
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5203 Greenwood Rd
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