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Cadence Academy Preschool, Louisville, KY 8106 Old Bardstown Rd 8,983 SF Retail Building Louisville, KY 40291 $3,061,184 ($340.78/SF) 6.25% Cap Rate
Investment Highlights
- 13+ Years Remaining on Absolute NNN Lease with No Landlord Responsibilities
- Tenant Extended Lease Early Showing Dedication to Site
- Portfolio of 4 Available Together or Individually (Contact Broker)
- Lease Signatory Is the Corporate Entity That Operates all 300+ Locations
- Established and Profitable Location
- Ranked #7 on Top 50 with over 300+ Locations Nationally
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,983 SF
Building Class
C
Year Built/Renovated
2009/2024
Price
$3,061,184
Price Per SF
$340.78
Cap Rate
6.25%
NOI
$191,324
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.73 AC
Zoning
R4-RESIDEN
Parking
36 Spaces (4.01 Spaces per 1,000 SF Leased)
Frontage
10,583’ on Old Bardstown Rd
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 065700060000 | Improvements Assessment | $1,284,270 |
| Land Assessment | $433,280 | Total Assessment | $1,717,550 |
Property Taxes
Parcel Number
065700060000
Land Assessment
$433,280
Improvements Assessment
$1,284,270
Total Assessment
$1,717,550
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Contact the Sale Advisor
Cadence Academy Preschool, Louisville, KY | 8106 Old Bardstown Rd