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300 S 1st Ave
La Grange, KY 40031
Advance Auto Parts · Retail Property For Sale
Investment Highlights
- Constructed in 2006 as a built-to-suit for Advance Auto Parts.
- The property is positioned in the Louisville MSA and off of I-71, which sees over 50,000 vehicles daily.
- Surrounding area has an impressive 4% projected population growth rate over the next five years.
- Tenant executed an early lease extension through July 2028, with two additional five-year renewal options extending potential occupancy through 2038—r
- Extremely strong retail synergy with nearby national tenants including Dairy Queen, Walmart, Kroger, Tractor Supply, Taco Bell, and more.
- Strong average household income of $132,272 in a 5-mile radius.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.68 AC
Zoning
C - Commercial
Parking
38 Spaces (2.29 Spaces per 1,000 SF Leased)
Frontage
140’ on 1st St
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,245,000 | |
| Land Assessment | $230,000 | Total Assessment | $1,475,000 |
Property Taxes
Parcel Numbers
Land Assessment
$230,000
Improvements Assessment
$1,245,000
Total Assessment
$1,475,000
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