1201 W Broadway | Louisville, KY 40203
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- LoopNet Team
1201 W Broadway
Louisville, KY 40203
Wendy's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- There are 16+ years remaining on the lease, providing an investor with long-term passive cash flow and zero responsibilities.
- The lease features 10% fixed rent increases every 5 years, providing a hedge against inflation and future value generation.
- This Wendy’s location ranks in the 87th percentile in the US, according to Placer.ai.
- SRRG operates 45 Wendy’s restaurants with plans for expansion, M&A, and new development locations.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,847 SF
Building Class
C
Year Built/Renovated
1982/1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.56 AC
Zoning
C2-COMMERC
Parking
18 Spaces (6.32 Spaces per 1,000 SF Leased)
Frontage
206’ on Broadway St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 013G01930000 | Improvements Assessment | $2,238,650 |
| Land Assessment | $317,170 | Total Assessment | $2,555,820 |
PROPERTY TAXES
Parcel Number
013G01930000
Land Assessment
$317,170
Improvements Assessment
$2,238,650
Total Assessment
$2,555,820
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