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Prime NULU Site 713 E Market St 10,000 SF Office Building Louisville, KY 40202 $5,576,701 CAD ($557.67 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location
- Development Opportunity
- Entertainment District
EXECUTIVE SUMMARY
*CAP Rate/NOI is hypothetical, not actual, and building would need new leases to achieve any rates.
Discover an unparalleled opportunity to secure your place in the heart of NuLu with 713 E Market St — now offered at $3,995,000. Perfectly positioned in one of Louisville’s most vibrant and rapidly growing districts, this property presents exceptional potential for developers, investors, and visionaries seeking a flagship location.
Leverage the existing structure “as is” for immediate income generation. Revenue from current and future tenants, combined with substantial parking income, positions the property to potentially produce annual revenue exceeding $360,000, based on projections from existing rents and below-market lease rates. This allows you to cash-flow while designing and preparing your next redevelopment or adaptive reuse project.
Surrounded by art, dining, boutique, retail, entertainment, and modern residential growth, 713 E Market St sits within one of the city’s most desirable urban corridors. Rarely does such a high-visibility, high-yield property become available in this prime NuLu location.
Seize the chance to shape a premier project in Louisville’s most dynamic neighborhood — an extraordinary development opportunity with strong current income and limitless future potential.
See Agent for detail.
Discover an unparalleled opportunity to secure your place in the heart of NuLu with 713 E Market St — now offered at $3,995,000. Perfectly positioned in one of Louisville’s most vibrant and rapidly growing districts, this property presents exceptional potential for developers, investors, and visionaries seeking a flagship location.
Leverage the existing structure “as is” for immediate income generation. Revenue from current and future tenants, combined with substantial parking income, positions the property to potentially produce annual revenue exceeding $360,000, based on projections from existing rents and below-market lease rates. This allows you to cash-flow while designing and preparing your next redevelopment or adaptive reuse project.
Surrounded by art, dining, boutique, retail, entertainment, and modern residential growth, 713 E Market St sits within one of the city’s most desirable urban corridors. Rarely does such a high-visibility, high-yield property become available in this prime NuLu location.
Seize the chance to shape a premier project in Louisville’s most dynamic neighborhood — an extraordinary development opportunity with strong current income and limitless future potential.
See Agent for detail.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
1980
Price
$5,576,701 CAD
Price Per SF
$557.67 CAD
Cap Rate
8%
NOI
$446,136 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,177 SF
Slab To Slab
11’
Building FAR
0.68
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
22 Spaces (2.2 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Banking
- Convenience Store
- Courtyard
- Day Care
- Fenced Lot
- Fitness Center
- Food Court
- Food Service
- Restaurant
- Signage
- Outdoor Seating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- C88 Holdings, LLC
- Management of Companies and Enterprises
- -
- -
- -
- Danziger & Markhoff LLP
- Public Administration
- -
- -
- -
- Gray & White Winemakers, LLC
- Professional, Scientific, and Technical Services
- -
- -
- -
- Health-Wellness Communications
- Information
- -
- -
- -
- Louisville Photo Biennial
- Professional, Scientific, and Technical Services
- -
- -
- -
- Paul Paletti Gallery
- -
- -
- -
- -
- Richard B Truex Foundation, Inc.
- Services
- -
- -
- -
- Sturm Paletti & Wilson
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| C88 Holdings, LLC | Management of Companies and Enterprises | - | - | - | ||
| Danziger & Markhoff LLP | Public Administration | - | - | - | ||
| Gray & White Winemakers, LLC | Professional, Scientific, and Technical Services | - | - | - | ||
| Health-Wellness Communications | Information | - | - | - | ||
| Louisville Photo Biennial | Professional, Scientific, and Technical Services | - | - | - | ||
| Paul Paletti Gallery | - | - | - | - | ||
| Richard B Truex Foundation, Inc. | Services | - | - | - | ||
| Sturm Paletti & Wilson | Professional, Scientific, and Technical Services | - | - | - |
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 017D01160000 | Improvements Assessment | $3,186,306 CAD |
| Land Assessment | $851,397 CAD | Total Assessment | $4,037,704 CAD |
PROPERTY TAXES
Parcel Number
017D01160000
Land Assessment
$851,397 CAD
Improvements Assessment
$3,186,306 CAD
Total Assessment
$4,037,704 CAD
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Prime NULU Site | 713 E Market St
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