This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
8605 Citadel Way
Louisville, KY 40220
Famous Dave's (Absolute NNN) · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
ABOUT 8605 CITADEL WAY , LOUISVILLE, KY 40220
The Klink Group of Marcus Millichap is pleased to present for sale a triple net-leased Famous Dave’s restaurant in Louisville, Kentucky. Famous Dave’s is subject to a 10-year lease with more than nine years of primary term remaining and two, five-year options, with five percent rental increases at each option. The lease is backed by Famous Five Dining Inc., a five-unit Famous Dave’s franchisee with more than 18 years of restaurant management experience. The property is situated on 1.42 acres just off of Hurstbourne Parkway, one of the busiest retail corridors in the Louisville Metropolitan Statistical Area. Famous Dave’s benefits from daily traffic counts of 55,993 vehicles-per-day and an affluent five-mile population of 229,626 people earning an average of $84,395 annually per household. The property’s submarket includes 5,800,000 square feet of retail inventory that includes retailers such as Target, Kroger, Home Depot, AMC, LA Fitness, Chick-fil-A, McDonald’s, Walgreens, Taco Bell, Panera Bread, and many more, in the immediate area.
PROPERTY TAXES
| Parcel Number | 003808400000 | Improvements Assessment | $1,846,660 |
| Land Assessment | $753,340 | Total Assessment | $2,600,000 |
PROPERTY TAXES
