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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.

Property Facts

Price $4,565,614
Price Per Bed $760,936
Sale Type Investment
Property Type Health Care
Building Size 7,907 SF
No. Beds 6
No. Stories 1
Year Built 2020
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
061001340000
Land Assessment
$512,000
Improvements Assessment
$2,688,000
Total Assessment
$3,200,000
  • Listing ID: 40851617

  • Date on Market: 6/9/2026

  • Last Updated:

  • Address: 4730 Champions Trace Ln, Louisville, KY 40218

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