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4101 Outer Loop
Louisville, KY 40219

CVS - Absolute NNN · Retail Property For Sale

Drug Stores Kentucky Louisville 4101 Outer Loop, Louisville, KY 40219

Executive Summary

Rare 23 year lease hold opportunity with additional 25 year options and 8-9% rent increases
Absolute NNN with Zero Landlord Responsibilities
Corporate Lease Guaranteed by CVS Health Corporation
CVS pays Ground Rent directly
Perfect for 1031 Buyer
Great property for cost segregation and Bonus Depreciation

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,605 SF
Year Built
2022
Price
$5,913,581
Price Per SF
$558
Cap Rate
5.25%
NOI
$310,452
Tenancy
Single
Building Height
1 Story
 

  • Listing ID: 33837125

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 4101 Outer Loop, Louisville, KY 40219

The Retail Property at 4101 Outer Loop, Louisville, KY 40219 is currently available for sale. Contact Rinnier Development Company for more information.

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