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1578 Bardstown Rd
Louisville, KY 40205
Retail Property For Sale
Investment Highlights
- Stabilized Income: 5-year lease term with an existing tenant provides near-term cash flow security
- Prime Location: Situated in a high-barrier-to-entry trade area with strong demographics and consistent foot traffic.
- Passive Ownership: NNN lease structure significantly reduces landlord maintenance and expense responsibilities.
- Premium Amenities: Features a rear patio/deck and roll-up glass doors to maximize revenue potential through seasonal outdoor seating.
Executive Summary
This 2,405 SF retail investment opportunity offers stabilized income through an existing NNN tenant with a 5-year lease term in place. Positioned along Bardstown Road in the Highlands — one of Louisville’s most established retail and dining corridors — the property benefits from strong visibility, consistent pedestrian traffic, and longterm market desirability. The space is fully built out for restaurant/lounge use, minimizing future capital requirements and supporting continued tenancy or ease of re-leasing, making it an attractive addition to an income-focused portfolio.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,405 SF
Building Class
C
Year Built
1997
Price
$1,300,000
Price Per SF
$540.54
Cap Rate
6%
NOI
$78,000
Tenancy
Single
Building Height
3 Stories
Building FAR
0.55
Lot Size
0.10 AC
Zoning
C2 - Commercial District
Parking
4 Spaces (1.29 Spaces per 1,000 SF Leased)
Frontage
62’ on Bardstown Rd
Amenities
- Freeway Visibility
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 076F02320000 | Improvements Assessment | $349,180 |
| Land Assessment | $177,350 | Total Assessment | $526,530 |
Property Taxes
Parcel Number
076F02320000
Land Assessment
$177,350
Improvements Assessment
$349,180
Total Assessment
$526,530
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