Commercial Real Estate in Smithfield available for sale
Smithfield 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale within 50 kilometers of Smithfield, KY, USA

More details for 3621 Fern Valley Rd, Louisville, KY - Flex for Sale

Chewy Inc. | National RX Script Validation & - 3621 Fern Valley Rd

Louisville, KY 40219

  • 1031 Exchange Property
  • Flex for Sale
  • $8,700,214 CAD
  • 25,274 SF

Louisville Flex for Sale - South Central

Marcus & Millichap is pleased to present a mission-critical pharmacy script validation, call center, and training facility leased to Chewy, Inc. (NYSE: CHWY) under a corporate-guaranteed lease with approximately 3.25 years remaining on the initial term and two five-year renewal options. The lease features 2.5% annual rent escalations and a modified gross structure with utility pass-throughs and expense reimbursements above the 2019 base year. Located at 3621 Fern Valley Rd, Louisville, KY, this facility serves as Chewy’s national intake and clinical validation hub. It processes almost all physical hard-copy prescriptions mailed by pet owners (excluding gabapentin), performing required clinical outreach and VCPR verification as the regulatory gatekeeper before orders proceed to fulfillment. This critical first step supports Chewy’s highest-margin compounded pharmaceuticals segment, a key driver of its projected $12.3 billion FY2025 revenue. Wall Street Analyst Outlook: Analysts remain overwhelmingly bullish on Chewy, frequently citing high-margin pharmaceuticals and healthcare services as the core driver of expected outperformance. Morgan Stanley named Chewy a “Top Pick” (Summer 2025), highlighting healthcare expansion as a “structural accelerant” with a bull-case target implying up to 70% upside. J.P. Morgan maintained an “Overweight” rating, noting the strategic shift toward higher-margin healthcare revenue. Bank of America reiterated its “Buy” rating, emphasizing the $40 billion pet healthcare market as a major long-term catalyst. Located near Interstate 65 (200,000 vehicles daily) and a signalized intersection (52,000 vehicles daily) in a densely populated trade area, the property benefits from strong regional access and logistics fundamentals.

Contact:

Marcus & Millichap

Date on Market:

2025-09-18

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More details for 447 Oakbrooke Dr, Mount Washington, KY - Retail for Sale

New Construction Wawa - Louisville MSA - 447 Oakbrooke Dr

Mount Washington, KY 40047

  • 1031 Exchange Property
  • Retail for Sale
  • $5,935,292 CAD
  • 5,915 SF
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More details for 12999 Shelbyville Rd, Louisville, KY - Land for Sale

Middletown Heights - 12999 Shelbyville Rd

Louisville, KY 40223

  • 1031 Exchange Property
  • Land for Sale
  • 1.11 - 27 AC Lots
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More details for 93 Buck Run Rd, Bedford, KY - Land for Sale

287 Acre Retreat Opportunity - 93 Buck Run Rd

Bedford, KY 40006

  • 1031 Exchange Property
  • Land for Sale
  • $1,955,949 CAD
  • 270 AC Lot
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1031 Exchange Properties For Sale

1031 Exchange Properties

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