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New Construction Wawa - Louisville MSA 447 Oakbrooke Dr 5,915 SF Retail Building Mount Washington, KY 40047 $4,400,000 ($743.87/SF) 5.15% 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
$4,400,000
Price Per SF
$743.87
Cap Rate
5.15%
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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