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Fresenius Kidney Care in Louisville KY 4720 Champions Trace Ln 7,907 SF Retail Building Louisville, KY 40218 $4,565,614 ($577.41/SF)



Investment Highlights
- Corporate-Backed Long-Term Lease | ~$21 Billion Revenue Healthcare Leader (NYSE: FMS)
- Passive Lease Structure
- Essential & Recession-Resistant Medical Use
- Strategic Home Dialysis Training Location
- Investment Grade Rating: BBB- by S&P Global | Global Healthare Leader
- Attractive Rent Increases
Executive Summary
PROPERTY & LOCATION HIGHLIGHTS
Premier East Louisville Healthcare & Retail Corridor
Strategically positioned along Champions Trace Lane near Bardstown Road and Interstate 264 (Watterson Expressway), the property is located within one of Louisville’s premier infill healthcare and retail corridors. The asset benefits from dense surrounding development, strong regional accessibility, and proximity to major retail, medical, and employment centers throughout East Louisville.
Premier Healthcare Corridor with Strong Medical Infrastructure
The property is situated within a well-established medical corridor near major regional healthcare providers including Norton Audubon Hospital and Baptist Health Louisville. The surrounding concentration of hospitals, outpatient medical facilities, and healthcare service providers supports recurring patient demand and reinforces the strategic importance of the location for long-term dialysis operations.
Dense National Retail & Daily-Needs Corridor
The asset is surrounded by one of Louisville’s strongest concentrations of national retail tenancy, including nearby access to Mall St. Matthews, Oxmoor Center, Costco, Target, Walmart, Kroger, Lowe’s, Chick-fil-A, Starbucks, and numerous additional national retailers and restaurants. The surrounding retail density creates strong consumer traffic patterns and reinforces the corridor’s long-term stability.
Strong Accessibility & Regional Connectivity
The property benefits from immediate access to Interstate 264 (Watterson Expressway - approximately 120,000–150,000 VPD), Bardstown Road, and other major commuter corridors serving the Louisville MSA. Its strategic positioning within a heavily trafficked commercial corridor supports convenient patient accessibility and long-term operational efficiency.
Affluent & Established Demographics
The surrounding trade area features stable population density, affluent household incomes, high levels of homeownership, and established East Louisville residential communities. The mature suburban nature of the corridor supports durable healthcare demand and strong underlying real estate fundamentals.
Long-Term Healthcare Demand Drivers
Dialysis and outpatient healthcare services continue to benefit from durable long-term demand driven by aging demographic trends and increasing healthcare utilization nationwide. Positioned within a dominant infill healthcare corridor, the subject property is well positioned to support stable long-term occupancy and institutional-quality cash flow.
Premier East Louisville Healthcare & Retail Corridor
Strategically positioned along Champions Trace Lane near Bardstown Road and Interstate 264 (Watterson Expressway), the property is located within one of Louisville’s premier infill healthcare and retail corridors. The asset benefits from dense surrounding development, strong regional accessibility, and proximity to major retail, medical, and employment centers throughout East Louisville.
Premier Healthcare Corridor with Strong Medical Infrastructure
The property is situated within a well-established medical corridor near major regional healthcare providers including Norton Audubon Hospital and Baptist Health Louisville. The surrounding concentration of hospitals, outpatient medical facilities, and healthcare service providers supports recurring patient demand and reinforces the strategic importance of the location for long-term dialysis operations.
Dense National Retail & Daily-Needs Corridor
The asset is surrounded by one of Louisville’s strongest concentrations of national retail tenancy, including nearby access to Mall St. Matthews, Oxmoor Center, Costco, Target, Walmart, Kroger, Lowe’s, Chick-fil-A, Starbucks, and numerous additional national retailers and restaurants. The surrounding retail density creates strong consumer traffic patterns and reinforces the corridor’s long-term stability.
Strong Accessibility & Regional Connectivity
The property benefits from immediate access to Interstate 264 (Watterson Expressway - approximately 120,000–150,000 VPD), Bardstown Road, and other major commuter corridors serving the Louisville MSA. Its strategic positioning within a heavily trafficked commercial corridor supports convenient patient accessibility and long-term operational efficiency.
Affluent & Established Demographics
The surrounding trade area features stable population density, affluent household incomes, high levels of homeownership, and established East Louisville residential communities. The mature suburban nature of the corridor supports durable healthcare demand and strong underlying real estate fundamentals.
Long-Term Healthcare Demand Drivers
Dialysis and outpatient healthcare services continue to benefit from durable long-term demand driven by aging demographic trends and increasing healthcare utilization nationwide. Positioned within a dominant infill healthcare corridor, the subject property is well positioned to support stable long-term occupancy and institutional-quality cash flow.
Property Facts
Sale Type
Investment
Property Type
Building Size
7,907 SF
Building Class
B
Year Built
2020
Price
$4,565,614
Price Per SF
$577.41
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.39 AC
Zoning
C2
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 061001340000 | Improvements Assessment | $2,688,000 |
| Land Assessment | $512,000 | Total Assessment | $3,200,000 |
Property Taxes
Parcel Number
061001340000
Land Assessment
$512,000
Improvements Assessment
$2,688,000
Total Assessment
$3,200,000
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Fresenius Kidney Care in Louisville KY | 4720 Champions Trace Ln
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