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New Construction Wawa - Louisville MSA 447 Oakbrooke Dr 5,915 SF Retail Building Mount Washington, KY 40047 $4,315,000 ($729.50/SF) 5.25% Cap Rate
Executive Summary
Newly Constructed 5,915 SF building on 3.0 Acres in Mount Washington, Kentucky (Louisville MSA)
Brand New 20-Year Absolute NNN Ground Lease with Zero Landlord Responsibilities
The site is located on Mt. Washington Bypass/US-150, which sees 23,000+ VPD. It is caddy corner to a top ranked Kroger grocery store (Ranked #95 out of 1,218 nationally per Placer.ai)
Mt. Washington is a rapidly growing, affluent Louisville suburb that sits just 25 miles away from downtown Louisville. The population in the immediate area is growing at 1%+ annually and has average household incomes of $100,000.
Brand New 20-Year Absolute NNN Ground Lease with Zero Landlord Responsibilities
The site is located on Mt. Washington Bypass/US-150, which sees 23,000+ VPD. It is caddy corner to a top ranked Kroger grocery store (Ranked #95 out of 1,218 nationally per Placer.ai)
Mt. Washington is a rapidly growing, affluent Louisville suburb that sits just 25 miles away from downtown Louisville. The population in the immediate area is growing at 1%+ annually and has average household incomes of $100,000.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,915 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$4,315,000
Price Per SF
$729.50
Cap Rate
5.25%
NOI
$226,566
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.00 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Wawa
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Wawa | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 427428 | Improvements Assessment | $395,000 |
| Land Assessment | $0 | Total Assessment | $395,000 |
Property Taxes
Parcel Number
427428
Land Assessment
$0
Improvements Assessment
$395,000
Total Assessment
$395,000
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New Construction Wawa - Louisville MSA | 447 Oakbrooke Dr
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