7118 Southside DrLouisville, KY 40214

For Sale
$2,300,000

11,100 SF Former Rite Aid, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 11,100 square foot retail property, formerly a Rite Aid, is situated on a 1.67-acre lot at the highly visible, signalized intersection of Southside Drive (21,000 ADT) and National Turnpike (18,000 ADT) in Louisville, Kentucky. The property boasts a convenient drive-thru, a large pylon sign ensuring excellent visibility, and ample parking with 55+ spaces. Its location within a densely populated residential area, with over 11,000 residents within a one-mile radius, provides a strong customer base. The building is a single-story structure, zoned C1, and features one loading door. The asking price is $2,300,000, and the lease type is NNN. Conveniently located just 2.7 miles from the Watterson Expressway and 7.3 miles from Downtown Louisville, this property offers unparalleled access and exposure. The property's APN is 062F00100000. This is a rare opportunity to acquire a well-positioned retail space with significant potential in a thriving Louisville neighborhood. The property's single-tenancy status offers flexibility for a variety of retail uses. The substantial lot size and high traffic counts make this an ideal investment for discerning buyers seeking a strong return.

Highlights

  • High-traffic corner lot at signalized intersection of Southside Dr (21K ADT) and National Turnpike (18K ADT).
  • Strong demographics: Over 11,000 residents within one mile.
  • Former Rite Aid with drive-thru.
  • High-visibility pylon sign.
  • Convenient location: 2.7 miles to Watterson Expressway.
  • Close proximity to Downtown Louisville (7.3 miles).

Property Details for 7118 Southside Dr

Property type
Other retail properties, Retail properties
Square Feet
11,100 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
72,745 SF

Location Insight

City
Louisville
County
Jefferson
State
Kentucky
Latitude
38.1523025
Longitude
-85.7663402
7118 Southside Dr, Louisville, Kentucky

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7118 Southside Dr
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