5000 Maple Spring DrLouisville, KY 40229

  • Retail properties
  • 510 SF
For Sale
$1,846,000 View listing

Property Details for 5000 Maple Spring Dr

Year built
2024
Lot size
0.71 AC
Property size (Sq ft)
510 SF
Property type
Retail properties

Description

This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew drive-thru restaurant in Louisville, KY. The property, built in 2024 and boasting 100% occupancy, sits on a 0.71-acre lot with 15 parking spaces. A 15-year absolute NNN lease is in place, featuring a 6.15% cap rate and a substantial $113,500 net operating income (NOI). Rent increases of 10% are built into the lease every five years, providing consistent growth potential. The property enjoys a prime location on Maple Spring Drive, benefiting from high visibility on Preston Highway (55,000 vehicles per day), proximity to interstates I-265 and I-65 (135,000 vehicles per day), and strong retail synergy with nearby establishments including a Chick-fil-A, Walmart, Kroger, and a soon-to-be-built Chipotle. The lease is guaranteed by a major franchisee with a proven track record, currently operating 62 locations and aiming for 100 by the end of 2025. This single-story building is zoned for general commercial use and offers a compelling investment opportunity due to its strong tenant, long-term lease, and prime location within a high-growth area. The asking price is $1,846,000. Four five-year lease options are included. The property is situated in Jefferson County, KY, zip code 40229, and benefits from a ground lease.

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.0993
Longitude
-85.6705

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