Cave City Retail for Sale

Broker of Record Kyle Matthews License # 239410 (KY) Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

Property Subtype:

Fast Food

Date on Market:

2026-04-23

Louisville Portfolio of properties for Sale - W Outlying Jefferson Cnty

TRIO Commercial Property Group is pleased to present the exclusive opportunity to acquire a three-property retail portfolio located along the high traffic Dixie Highway corridor in Louisville, Kentucky. The portfolio consists of a complementary mix of quick-service restaurant Hardee’s, national retail – Mattress Firm, and full-service restaurant tenancy – Umami Buffet. Strong National Tenant Presence The portfolio is anchored by Hardee’s and Mattress Firm, two nationally recognized tenants providing stable and credit-backed income. These tenants represent a significant portion of the portfolio’s revenue and enhance overall investment security. Diversified Income Stream Across Multiple Tenants The portfolio includes three distinct tenants across separate buildings, reducing reliance on any single tenant and providing income diversification across multiple retail uses. Long-Term Lease Profile The Hardee’s lease features approximately 12 years of remaining term, while Mattress Firm and Pier 17 provide stable occupancy with renewal options, creating a balanced and durable lease profile. High Traffic & Strong Visibility The properties benefit from excellent frontage and visibility along Dixie Highway, with traffic counts exceeding 50,000 vehicles per day, supporting strong tenant performance and long-term real estate value. Passive Investment Profile The portfolio is structured to provide passive ownership, with tenants responsible for taxes, operating expenses, and limited day-to-day maintenance under NNN or modified net lease structures. Below-Market Rents Provide Future Upside Select tenants, including the restaurant component, are operating at below-market rental levels, offering investors the ability to increase income through future leasing activity while maintaining current occupancy stability.

Date on Market:

2026-04-20

Carrollton Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, KFC investment property located in Carrollton, Kentucky. The tenant, KFC signed a 20 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.50% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Property Subtype:

Fast Food

Date on Market:

2026-04-08

Louisville Retail for Sale - St Matthews

The Boulder Group is pleased to exclusively market for sale a single tenant NNN ground leased Chase Bank located in Louisville, Kentucky. The property has been in continuous operation since 2004 and is secured by a long-term 30-year lease running through 2034, featuring CPI-based rent escalations every five years (with no cap) throughout the primary term, along with two 10-year renewal options. Annual deposits at this branch surpassed $119,000,000 in 2025, according to the FDIC. Chase Bank is an investment-grade tenant rated “AA–” by Standard & Poor’s. The 4,789-square foot property is situated just off Taylorsville Boulevard (32,000 VPD) and Breckenridge Lane (37,000 VPD) with convenient access to Interstate 264 (166,000 VPD) and Interstate 64 (128,000 VPD) further amplifying the site’s regional accessibility. The surrounding area comprises a dense retail corridor anchored by a strong mix of nationally recognized tenants including Kroger, TJ Maxx, HomeGoods, Starbucks, McDonald’s, Walgreens, CVS, and Goodwill, among many others. Nearby demand drivers such as Norton Children’s Medical Group and Advanced ENT generate consistent daily traffic to the immediate trade area. The property is further supported by a robust consumer base of over 249,000 residents within a five-mile radius, with average household incomes exceeding $106,000. JPMorgan Chase Bank, N.A., is the consumer and commercial banking subsidiary of JPMorgan Chase & Co., one of the world’s largest and oldest financial institutions. Tracing its roots to 1799 with the founding of the Manhattan Company in New York City, the modern entity emerged from the 2000 merger of J.P. Morgan & Co. and Chase Manhattan Corporation, combining centuries of heritage from predecessor firms like Chase National Bank (founded 1877) and others. As of early 2026, JPMorgan Chase & Co. reports $4.8 trillion in assets under management (AUM) across its Asset & Wealth Management division, alongside total firmwide client assets exceeding $7 trillion and balance sheet assets of approximately $4.4 trillion as of late 2025.

Property Subtype:

Bank

Date on Market:

2026-03-27

Louisville Retail for Sale - South Central

• Tenant recently signed a brand new 10-year lease with three (3) five-year options to extend, demonstrating commitment to the site • Lease provides 8% rental increases every five years throughout the base term and option periods • Charleys Cheesesteaks + Wings operates 850+ locations worldwide and continues rapid U.S. expansion with ~$850K+ average unit volumes

Property Subtype:

Fast Food

Date on Market:

2026-03-03

Madisonville Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, drive-thru equipped, corporate signed, Starbucks investment property located in Madisonville, KY. The tenant, Starbucks Corporation, recently signed a brand new 10-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 7.50% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. Founded in 1971, Starbucks is the premier roaster and retailer of specialty coffee with over 35,000 operating locations worldwide. Starbucks is strategically located along Island Ford Road / US Highway 41 with clear visibility and access to an average of 20,600 vehicles passing by daily. The asset also benefits from nearby access onto Interstate 69 (30,500 VPD), making it an ideal and centralized location with easy commutes for employees and customers. Starbucks is ideally situated as an outparcel to a Kroger and Lowe’s Home Improvement, providing direct crossover store exposure. The additional surrounding tenants include McDonald’s, Walgreens, Advance Auto Parts, Harbor Freight, Clark Distributing, and others. The strong tenant presence drives a loyal, local consumer base to the area and supports the local economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including Brentwood (48 units), Wiman Gardens (52 units), Cross Creek (128 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 26,100 residents and 15,600 daytime employees. Residents within 1 mile of the asset boast a healthy average household income of $89,135.

Property Subtype:

Fast Food

Date on Market:

2026-03-03

Nicholasville Retail for Sale - Jessamine County

Keene Centre is a Class A, 100% occupied,  shopping plaza located in Jessamine County, one of the fastest growing counties in Kentucky. The development is located on a major Highway that enjoys approximately 33,418 cars per day and is in the immediate vicinity of numerous residential and rapidly growing commercial developments. - Offering includes two separate tax parcels for a total GLA of 21,368 SF on 2.13 acres - Located at one of the few signalized intersections on By-Pass 27, across from Lowes Supercenter, Walgreens, several branch banks, numerous medical offices, St Joe’s newly developed hospital facility and a new senior living development - Additionally, the property is located directly adjacent to a brand new development, Keene Landing, that is still under construction with tenants to include: Chipotle, Panera, Cattleman's, Aldi and much more - Keene Centre is home to Citizens Bank, Family Allergy & Asthma, a Pharmacy, Rheumatology and General Wellness clinic, Firehouse Subs, Chiropractor and Liquor Store - Strategically positioned 10 miles South of Lexington, on a well-traveled 5-Lane Bypass that connects North and South Nicholasville and provides Lexington travelers with easy access to Southern Kentucky

Property Subtype:

Freestanding

Date on Market:

2026-02-04

Monticello Portfolio of properties for Sale

Former hardwood flooring manufacturing facility consisting of multiple industrial warehouse and shop buildings situated on approximately 10.24 acres (Tract 2). The facility remained operational in 2025 and features extensive three-phase electrical infrastructure, large clear-span warehouse space, loading dock capabilities, and substantial ancillary storage (sheds & kilns).

Date on Market:

2026-01-29

Cynthiana Retail for Sale

Looking to have your on business this could be for you. Restaurant and bar looking for a new owner located just 7 miles north of Cynthiana in a quiet rural setting on a main road. It has parking for 40+, Once inside you will find 37 foot of bar space, seating for 100+. Drive-thru on side of building. Also 2 nice pool tables with 4 TV to watch the sports games. Restaurant equipped with walk in refrigerator and freezer. Four part stainless fryer with a grease trap. Fully remodeled just 2 years ago. Building was permitted and approved with all necessary fire protection. This establishment is known for great food and has a stage for entertainment. Directions: From Cynthiana take US Hwy 27 N. It is approximately 7 miles from downtown.

Date on Market:

2026-01-22

Brandenburg Retail for Sale - Meade County

NAI Isaac is pleased to present a +/-3,000 SF restaurant for sale in Brandenburg. The property is located on Bypass Road in Brandenburg, Kentucky known as the gateway city to the "Heartland of Kentucky". Brandenburg is a home rule-class city located on the Ohio River in Meade County, Kentucky. The city if 46 miles southwest of Louisville.

Property Subtype:

Freestanding

Date on Market:

2026-01-14

Winchester Retail for Sale - Clark County

• The Walgreens is currently subleased to Popshelf and has over 3 years of term remaining • The asset is located at the signalized, hard-corner intersection of Pedro Way and Highway 1958, with an average of 25,800 VPD, providing multiple points of egress and ingress • The site benefits from easy access to Interstate 64, which carries approximately 45,100 vehicles per day, driving strong consumer traffic to the property

Property Subtype:

Freestanding

Date on Market:

2026-01-13

Louisville Retail for Sale - South Central

Surmount and Bang Realty are pleased to present the exclusive listing for a Wendy's located at 5240 Bardstown Road, Louisville, Kentucky 40291. The site consists of roughly 2767 rentable square feet of building space on an estimated 1.49-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 3/18/2019. The current annual rent is $155,574 and has scheduled increases of 10.00% Every 5 Years.

Property Subtype:

Fast Food

Date on Market:

2026-01-12

Lexington Industrial for Sale - Downtown Lexington

NAI Isaac is pleased to present a rare industrial redevelopment opportunity in downtown Lexington. The property is located on Henry Street in Lexington, Kentucky, situated within the industrial and mixed-use corridor just north-northwest of Downtown Lexington’s core. The site is part of a string of industrial and warehouse-type properties along Henry Street that benefit from direct access to the city’s primary transportation network and proximate urban amenities. Henry Street is a key connector within Lexington’s urban grid, located just a short distance from Main Street, Short Street, and Broadway, and is easily accessible from major thoroughfares including New Circle Road and I-75 to the north and east, facilitating efficient regional logistics and workforce access.

Property Subtype:

Warehouse

Date on Market:

2026-01-07

Fairdale Land for Sale - South Central

Flat, clean, and boasting 341 FT of frontage with two existing curb cuts, this C-2–zoned parcel sits at the commercial crossroads of Fairdale—steps from Derby City Pizza and Dollar General, a quick five-minute ride to Walmart, and under 18 minutes to Louisville’s CBD, the airport, and Churchill Downs. Daily traffic tops 10,000 vehicles, and one-mile demographics show 10,629 residents, 8,621 jobs, and a median household income of $55.9 K. Property is in the floodplain. Permitted Uses: (C-2 zoning) QSR / coffee drive-thru Convenience / fuel, car-wash, or automotive service Retail strip or single-tenant shop Medical, dental, or urgent care Financial, daycare, fitness, self-storage, or office Nearby Points of Interest: Derby City Pizza - 240 Feet (Seconds) Dollar General - 341 Feet (Seconds) Jefferson County Clerk, Fairdale - 0.1 Miles (1 Min) Dairy Queen - 0.2 Miles (1 Min) Fairdale Highschool - 0.9 Miles (3 Min) Walmart - 2.0 Miles (5 Min) Airport - 10.5 Miles (13 Min) Louisville CBD - 14.5 Miles (17 Min) Churchill Downs - 8.0 Miles (18 Min)

Property Subtype:

Commercial

Date on Market:

2025-12-05

Scottsville Retail for Sale

UP & RUNNING RESTARAUNT BUSINESS (HUDDLE HOUSE) 2900+/- SQFT BUILDING THAT IS IN GREAT SHAPE. TURN KEYOPERATION, LOCATED ON CORNER OF BUSY INTERSECTION OF HWY 31E & VETERANS MEMORIAL HWY

Property Subtype:

Restaurant

Date on Market:

2025-11-21

Glasgow Retail for Sale

• The tenant, KFC, currently has 18+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 1.50% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation • There are over 30,000 KFC restaurants in 150 countries and territories around the world • The franchisee, Tasty Restaurant Group, operates 400+ units nationwide across multiple QSR brands (KFC, Burger King, Pizza Hut, Dunkin, and Taco Bell) • There are over 140 units encompassed by the lease signature (Tasty Chick’n Midwest) and the lease guarantor (Tasty Chick’n Southeast)

Property Subtype:

Fast Food

Date on Market:

2025-11-20

Florence Retail for Sale - Cincinnati Intl Airport

Property Subtype:

Drug Store

Date on Market:

2025-11-18

Winchester Industrial for Sale - Clark County

SVN Stone Commercial Real Estate is pleased to present an exceptional opportunity to purchase a stand-alone industrial facility located at 375 Tierney Way in Winchester, Kentucky. The property consists of approximately 19,825 square feet situated on 1.08 acres, zoned Light Industrial (I-1), and positioned within one of Winchester’s most active industrial parks. The building offers a versatile configuration of warehouse and office space, suitable for a variety of industrial users, including manufacturing, warehousing, and service operations. Strategically located just minutes from Interstate 64, the property provides exceptional access to the greater Central Kentucky region and major transportation routes. Constructed of steel and metal, the facility boasts four (4) grade-level drive-through doors, two (2) dock-high doors with levelers, 480V three-phase power, 22-foot clear heights at the peak, a six-inch reinforced concrete slab, compressed air drops, and a concrete truck court providing excellent maneuverability for large vehicles. The building also features multiple private offices, restrooms, and a conference area—ideal for administrative use. With demand for industrial property in the Lexington–Winchester market continuing to grow, this offering presents an outstanding opportunity for both owner-occupants and investors seeking functional, high-quality industrial space in a supply-constrained market.

Property Subtype:

Distribution

Date on Market:

2025-11-14

Edgewood Retail for Sale - Cincinnati Intl Airport

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru-equipped Burger King investment property located in Edgewood, KY. The tenant, Carrols, LLC, has over 11 years of term remaining, with an additional four (4) 5-year option periods to extend. The lease features 8% rental increases every 5 years throughout the initial term and renewal options, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1954, Burger King is among the leading global QSR hamburger chains, with over 30,000 restaurants in 120+ countries.

Property Subtype:

Fast Food

Date on Market:

2025-11-13

Louisville Retail for Sale - W Outlying Jefferson Cnty

Strategically located in Louisville’s Shively neighborhood, 1812 Heaton Road offers a high-visibility, accessible site ideal for small business operations, professional offices, or service-based companies. The property sits near the heavily trafficked corridors of I-264 (Watterson Expressway), I-65, and I-265, providing excellent regional connectivity.

Property Subtype:

Bank

Date on Market:

2025-09-10

Elizabethtown Retail for Sale

NAI Isaac is pleased to present an investment opportunity to purchase the property ground leased to Scooter's Coffee at 901 N Mulberry Street in Elizabethtown, Kentucky. This deal Includes an Absolute Triple Net (NNN) Investment with zero Landlord responsibilities. A 10-year ground lease with 10% increases every 5 Years.

Property Subtype:

Freestanding

Date on Market:

2025-09-09

Louisville Retail for Sale - South Central

KENTUCKY BROKER OF RECORD.....Justin Baker .. Lic No: 204053 Faris Lee Investments is pleased to offer the fee simple interest (land & building) in a newly constructed, freestanding Chipotle located at 10415 Preston Highway, Louisville, Kentucky 40229 with a September 12, 2025 grand opening. This prime investment opportunity features a brand-new 2025 construction and the latest “Chipotlane” drive-thru prototype, designed to significantly boost sales volume and operational efficiency. The property comes with a strong, long-term seventeen (17) year absolute NNN lease with 4-5 year options, guaranteeing long-term stability and security for the investor. The lease includes scheduled rental increases throughout the term and option periods, ensuring a natural hedge against inflation and consistent cash flow. Investors will benefit from land and new building ownership with an investment grade tenant and zero deferred maintenance, providing unparalleled advantages in the robust Louisville market. The tenant, Chipotle (NYSE: CMG), is an investment-grade, national credit tenant with a strong financial standing. As a publicly traded, international quick-service restaurant chain, Chipotle reported annual revenues exceeding $11.3 billion in 2024 and operates over 3,700 restaurants worldwide, including locations in the United States, Canada, the United Kingdom, France, Germany, Kuwait, and the United Arab Emirates. With approximately 130,000 employees and a market capitalization exceeding $75 billion as of July 2025, Chipotle continues to be a reliable and prestigious brand in the quick-service restaurant segment. The absolute NNN lease structure means Chipotle is responsible for all building, structure, and roof maintenance, as well as common area expenses like parking lot upkeep, landscaping, and lighting, eliminating landlord responsibilities for repairs and maintenance. Chipotle’s lease structure at this location offers ease of management and is ideal for passive investors or those seeking a 1031 exchange, as the tenant handles all property taxes, liability insurance, and recurring operating expenses. Strategically positioned in a dynamic trade area, the property boasts excellent street visibility, fronting highly traveled Preston (61) Highway, which has over 55,000 vehicles per day. It is also adjacent to Interstate 265 (over 90,000 VPD), a major arterial, and in close proximity to Interstate 65 (135,000 VPD). This new pad building is situated in the heart of a large regional retail trade area, strategically located between a high-volume Chick-fil-A Restaurant and a Menards Home Improvement Superstore. Nearby major retailers include Walmart, Lowe’s Home Improvement, Kroger, Kohl’s, Meijer, Tractor Supply Co., and Cinemark Cinemas, ensuring a consistent flow of consumer traffic. Louisville is a major distribution hub experiencing high growth, with over 20 million square feet of distribution and warehousing complexes recently built in the county. Top employers in the area include Amazon, UPS, Ford Motor Co., Best Buy Logistics, and Gordon Food Service. The Louisville International Airport, just 9 miles from the property, is the third-largest cargo airport in North America. Furthermore, Ford Motor Co.’s commitment of over $5.8 billion to develop two state-of-the-art lithium battery plants in the trade area signals robust economic expansion and job growth. With a Louisville/Jefferson County, KY-IN Metro Area population of 1.36 million in 2023 and an average household income within one (1) mile of $92,076, the market demonstrates strong demographic fundamentals and consistent population growth. This investment presents a compelling opportunity to acquire a high-quality asset in a prime location with strong returns.

Property Subtype:

Restaurant

Date on Market:

2025-08-22

Louisville Retail for Sale - South Central

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Scooter’s Coffee investment property located in Louisville, Kentucky. The tenant, Scooter’s Coffee has approximately 4.5 years of term remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

Property Subtype:

Fast Food

Date on Market:

2025-07-31

Madisonville Retail for Sale

NNN Pro and Bang Realty are pleased to present the exclusive listing for a Walgreens located at 679 S Main St, Madisonville, KY 42431. The site consists of roughly 12,935 rentable square feet of building space on an estimated 1.85-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/22/2024. The current annual rent is $218,250 and has scheduled increases of 5.00% every 5 years.

Property Subtype:

Drug Store

Date on Market:

2025-06-18