Outlot adjacent to CVS Louisville KY For Lease

Vacant Land for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 28594505
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1.26 Acres
Lease Rate: $80,400 (Annual)
$1.47 PSF (Annual)
Base Monthly Rent: $6,700
Lease Types: NNN
Last Updated: 10/18/2018

Overview / Comments

1.2+/- acre parcel located in the heart of Buechel, next to a new CVS now open. Situated near the new Costco,Wal-Mart, Lowe's, Kroger and Target in the dense Bashford Manor trade area that is undergoing a retail resurgence. The site is located at the signalized intersection of Bardstown Road, Hikes Lane and Buechel Bypass. Parcel is level and mostly paved, fully served by utilities. Tremendous visibility to drive by traffic. ADT on Bardstown Road of over 45,000 and on Buechel Bypass over 27,000 ADT. Multiple access and curb cuts shared with CVS.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Submarket Type: Other
Tax ID/APN: 061000110000
Zoning: C-1 - Commercial District
Property Visibility: Excellent
Largest Nearby Street: Hikes Lane and Bardstown Road
Site Description: Ground lease for a 1.2 acre parcel adjacent to the new CVS now under construction.
Area Description: Dense residential population of over 93,000 in three miles and 246,000 in five miles with an average household income of $59,000 in three and $61,000 in five miles. Dense, infill site near the new Costco, Wal-mart, Target, Lowe's, Kroger, and Walgreens.
Topography: Level
Easements Description: The site has a shared entrance on Bardstown Road with CVS and shared cross access.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,755 114,500 294,563
Median Age: 37.55 38.71 38.53
Households: 7,224 49,796 131,005
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