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3130 Portland Ave
Louisville, KY 40212
CVS · Retail Property For Sale
Investment Highlights
- Corporate guaranteed lease - by CVS Health Corporation, which is rated BBB by Standard & Poor’s and Baa2 by Moody’s
- Low income tax state
- Consumers within a 5-Mile radius spend more than $96 million on healthcare annually
- 5% rental increases at option periods
- A building that has been operated as a drugstore since 1962
- 15 minutes away from the University of Louisville which has over 22,640 students
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,300 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.40 AC
Zoning
C2 - Commerical
Parking
18 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 010B00210000 | Improvements Assessment | $1,451,010 |
| Land Assessment | $72,330 | Total Assessment | $1,523,340 |
Property Taxes
Parcel Number
010B00210000
Land Assessment
$72,330
Improvements Assessment
$1,451,010
Total Assessment
$1,523,340
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