Share This Listing

Message

931 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Executive Summary

Hoagland Commercial Realtors is pleased to present the Pleasure Ridge Town Centre ("Property") For Sale in the heart of Louisville, KY. This prime value-add investment opportunity spans over 94,000 SF across 7.96 acres. Anchored by Dollar General (BBB/Baa2), who recently renewed through 2034, the Property offers a great tenant mix blending investment-grade credit with both local and regional operators. 
Current ownership has maintained the Property incredibly well, allowing new ownership the opportunity to focus on continuing to reach stabilization through lease-up. Additional value-add levers include development of additional pad-sites, market rate renewals and NNN conversions. This Property had a full roof replacement in 1Q'2023 and recently underwent a zoning change to C-2, allowing for a higher variety mix of retail and commercial uses. 
Pleasure Ridge Town Centre presents an appealing investment opportunity for an owner-occupant or investor, with a large amount of value still available to be added and realized.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
94,229 SF
Building Class
C
Year Built/Renovated
1968/2022
Price
$6,890,201 CAD
Price Per SF
$73.12 CAD
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
7.96 AC
Zoning
C-2 - Community Commercial
Parking
350 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
318’ on Pages Ln

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru
  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Le restaurant chinois China Dragon propose une cuisine chinoise authentique et délicieuse à Louisville, Kentucky. L'emplacement idéal de China Dragon et ses prix abordables font de son restaurant un choix naturel pour les repas à emporter sur place dans la communauté de Louisville. Leur restaurant est connu pour sa variété de goûts et ses ingrédients frais de grande qualité. Venez découvrir leur atmosphère amicale et leur excellent service.

  • Retailer
  • -
  • -
  • -

DG est fière d'être le magasin général de quartier d'America. Nous nous efforçons de rendre les achats faciles et abordables grâce à des magasins pratiques et faciles à acheter partout aux États-Unis. Les magasins DG offrent tous les jours à bas prix des articles, notamment de la nourriture, des collations, des produits de santé et de beauté, des produits de nettoyage, des vêtements de base, des articles ménagers, des articles saisonniers, des produits en papier et bien plus encore des marques et produits les plus fiables des États-Unis, ainsi que des marques privées de haute qualité. Depuis la fondation de l'entreprise en 1939, Dollar General s'est engagé à servir ses clients avec valeur et commodité, en offrant des possibilités de carrière à ses employés ou en servant les communautés qu'ils considèrent comme leur maison par le biais de l'alphabétisation et de l'éducation.

  • Accommodation and Food Services
  • -
  • -
  • -

Gorilla Bob’s Grub Shack is a privately held restaurant located in Louisville, Kentucky. Founded in 2020, the establishment offers a menu centered on hearty comfort foods, including its signature Kentucky Hot Brown, Philly cheesesteaks, specialty fries, and a variety of melts and sandwiches. The restaurant emphasizes generous portions and a casual dining experience, with options for dine-in and takeout. Gorilla Bob’s gained local recognition for its creative spins on regional favorites and its community-focused approach, including catering services for local businesses.

  • Services
  • -
  • -
  • -

Ken's Haircutting is a privately held barber shop located in Louisville, Kentucky. Established in 2010, the business specializes in men’s haircuts, beard trims, and traditional grooming services. Operating as a single-location entity, Ken's Haircutting serves the local community with a focus on classic barbering techniques. The shop is owned and managed by Ken Cranford and has maintained a reputation for consistent service quality over the years. It falls under the personal care services sector and adheres to industry standards for barbering and grooming.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

La Luna Event Center is a privately held event venue located in Louisville, Kentucky. Established in 2022, the center offers flexible space for weddings, receptions, birthdays, and corporate events. The facility provides amenities such as tables, chairs, lighting, and sound systems, with options for extended hours and customized setups. La Luna Event Center operates as an independent business and does not belong to a parent organization. The venue has become a local choice for social and cultural events, supported by its accessible location and adaptable layout.

  • Health Care and Social Assistance
  • -
  • -
  • -

Si vous êtes à la recherche d'un dentiste hautement qualifié et expérimenté à Louisville, vous êtes au bon endroit. À leur cabinet, vous recevrez des soins dentaires de la plus haute qualité. Leur cabinet dentaire utilise l'équipement de pointe et la technologie de pointe et nous appliquons les techniques de stérilisation les plus strictes. Ils savent que de nombreuses personnes peuvent se sentir anxieuses à l'idée de venir chez le dentiste, alors leur objectif est de rendre votre visite chez eux aussi sans douleur et anxiété que possible. Ils considèrent qu'il s'agit de notre mission d'éduquer leurs patients sur toutes les options de soins de santé buccodentaire et de les guider dans le choix du plan de traitement qui convient le mieux à leurs besoins.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Southwest Basketball Club is a nonprofit youth sports organization based in Louisville, Kentucky. Founded as a community initiative, the club provides basketball training and competitive opportunities for athletes from elementary through high school. Its programs include skill development clinics, seasonal leagues, and AAU-sponsored teams, alongside academic support such as math and reading instruction from certified educators. The organization also offers free after-school STEM programs and girls’ basketball leagues to promote inclusivity.

  • Services
  • -
  • -
  • -

The Chapel Church operates as a local Christian congregation serving the surrounding community through worship services, prayer gatherings, and family-oriented activities. While detailed historical information for this specific location is limited, churches under similar names typically emphasize Bible-based teaching, community outreach, and programs for children and youth. The Louisville site functions independently and does not appear to be part of a larger denominational network based on available public records. It is privately held and primarily focused on providing a space for spiritual growth and fellowship.

  • Retailer
  • -
  • -
  • -

White Elephant Vendors Market is a privately held retail business located in Louisville, Kentucky. Established in 2013, the market operates as an indoor vendor mall featuring a wide range of merchandise, including antiques, furniture, home décor, tools, jewelry, and collectibles. The facility hosts multiple vendor booths, providing a centralized space for independent sellers to showcase their products. Known for its variety and accessibility, the market caters to bargain hunters and collectors seeking unique items.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Retailer - - -
Accommodation and Food Services - - -
Services - - -
Arts, Entertainment, and Recreation - - -
Health Care and Social Assistance - - -
Arts, Entertainment, and Recreation - - -
Services - - -
Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,000 SF
  • Retail
  • -
  • Now
  • 8519
  • 9,450 SF
  • Retail
  • In-Line
  • 30 Days

L'espace peut être subdivisé.

  • 8535
  • 6,000 SF
  • Retail
  • -
  • Now
  • 8539
  • 3,000 SF
  • Retail
  • In-Line
  • Now
  • 8541
  • 4,000 SF
  • Retail
  • End Cap
  • Now
Space Size Space Use Position Available
1st Floor 2,000 SF Retail - Now
8519 9,450 SF Retail In-Line 30 Days
8535 6,000 SF Retail - Now
8539 3,000 SF Retail In-Line Now
8541 4,000 SF Retail End Cap Now

1st Floor

Size
2,000 SF
Space Use
Retail
Position
-
Available
Now

8519

Size
9,450 SF
Space Use
Retail
Position
In-Line
Available
30 Days

8535

Size
6,000 SF
Space Use
Retail
Position
-
Available
Now

8539

Size
3,000 SF
Space Use
Retail
Position
In-Line
Available
Now

8541

Size
4,000 SF
Space Use
Retail
Position
End Cap
Available
Now

8519

Size 9,450 SF
Space Use Retail
Position In-Line
Available 30 Days

L'espace peut être subdivisé.

Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Kroger
Scooter's Coffee
Tumbleweed Southwest Grill

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 104709150000
  • 104701000000
Land Assessment
$1,452,774 CAD
Improvements Assessment
$2,591,157 CAD
Total Assessment
$4,043,931 CAD
  • Listing ID: 40850505

  • Date on Market: 2026-06-09

  • Last Updated:

  • Address: 8507-8541 Terry Rd, Louisville, KY 40258

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}