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1835 Old Preston Hwy N
Louisville, KY 40229
KFC (15 Year Leasehold Interest) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,623 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.48 AC

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

ABOUT 1835 OLD PRESTON HWY N , LOUISVILLE, KY 40229

Marcus & Millichap is pleased to present for sale the leasehold interest of 1835 Preston Highway North in Louisville, Kentucky. Currently occupied by KFC until 2032, the property sits on a prime retail corridor with direct frontage along Preston Highway North (State Road 61). The property is subject to a ground lease that runs concurrently with KFC’s lease until 2032 and has three, three-year and one, five-year options to renew. The leasehold interest in 1835 Preston Highway North offers any investor the opportunity to acquire a long-term leasehold interest in a property in that sits on a prime retail corridor and in close proximity to a 4M-square foot, class-A office and industrial park.

  • Listing ID: 9798491

  • Date on Market: 10/30/2017

  • Last Updated:

  • Address: 1835 Old Preston Hwy N, Louisville, KY 40229

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