Investment Overview

Investment Grade Tenant with a brand new 10-year lease containing $0.50/SF increases every 5 years after the base term. The property was completely renovated in 2021 after 37 years in this location. Family Dollar paid for a complete interior remodel at an estimated cost exceeding $350,000. The subject is located in a very dense market on Taylor Boulevard in Louisville, Kentucky, directly across from Churchill Downs, home of the Kentucky Derby. National retailers in the area include McDonalds, KFC, BB&T, Speedway, Ace Hardware and Wendy’s.