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10599 Preston Hwy
Louisville, KY 40229
Thortons / 20 Year Ground Lease w/ Rent Bumps · Retail Property For Sale
Investment Highlights
- Corporate executed lease / Thorntons
- Growing income stream with rental increases | 10% every 5 years
- Strategically positioned in dynamic trade area with tough barrier to entry | nearby major retailers such as: Walmart, Lowe’s, Menards, Kroger, kohl’s
- Brand new long term 20 year NNN ground lease
- 2023 construction – Thorntons newest prototype
- Signalized hard corner location with excellent free visibility & traffic counts
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,829 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.84 AC
Zoning
R4-RESIDEN
Frontage
Property Taxes
| Parcel Number | 008503970000 | Improvements Assessment | $2,112,600 |
| Land Assessment | $517,500 | Total Assessment | $2,630,100 |
Property Taxes
Parcel Number
008503970000
Land Assessment
$517,500
Improvements Assessment
$2,112,600
Total Assessment
$2,630,100
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