4304 Outer LoopLouisville, KY 40219

This exceptional investment opportunity presents a fee-simple Taco Bell property located at 4304 Outer Loop, Louisville, KY 40219. The 2,142 square foot building, constructed in 1998 and fully renovated in 2024, sits on a 0.97-acre lot with 20 parking spaces. The property boasts an absolute NNN lease with the franchisee, ABTB Louisville, LLC, a reputable operator of 40+ Taco Bell locations in the Greater Louisville area. The current lease, with a December 22, 2037 expiration date, provides a remaining term of 12.9 years. Significant rent bumps are built into the lease, including a 12.5% increase in three years, followed by 10% increases every five years. This ensures a strong, predictable return on investment. The property benefits from its prime location across from a Kroger-anchored shopping center with 20+ tenants and strong national brands along Outer Loop. The area boasts a $72,738 average household income within a 5-mile radius and is conveniently located less than a mile from Jefferson Mall and a Walmart Supercenter, and approximately two miles from highways 65 and 265. The property's strong tenant, recent renovation, long lease term, and built-in rent increases make this a compelling investment opportunity with a 5.00% cap rate and an NOI of $80,000. The asking price is $1,600,000, translating to a price per square foot of $746.97. Lease options include 3 and 5-year extensions. The property is zoned for commercial use and has a Jefferson County APN of 064200970000.