Available For Sale - Retail

5,419 SF | Show Pricing $

LISTED BY

Brian Brisky
Brisky Net Lease,

AVAILABILITY DETAILS

Size
5,419 SF
Price/SF
Show Pricing $
Listing ID
SA554997
Notes
Absolute NNN Lease -

Absolute NNN Master lease with zero landlord responsibilities. Investors will appreciate the rent bumps, over 8 years of term remaining, and corporate guarantee.



Established Tenant -

Long-term, established tenant with a solid operator. This property has a large guarantor, HOA Holdco, LLC, which has 350+ company-owned and franchised restaurants. This Hooters location ranks well in its brand according to Placer.ai.



Great Retail Location -

The property is located along Preston Highway where it receives excellent visibility and is easily accessible from multiple points. Located within a dense retail corridor in proximity to several retailers including Walmart Supercenter, Target, Home Depot, the Jefferson Mall, and many others.



In-Demand Market -

Louisville's growing consumer base and strong local economy have created a tight retail market, with high demand for space and limited new construction driving lease availability to historic lows. Current vacancy rates in the South Central retail submarket are 2.7%, which is 1.6% lower than it was this time last year.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brian Brisky, Brisky Net Lease
BRE# 40546562