Available Properties
Advanced Auto Parts – Louisville, KY
- 2422 W Broadway, Louisville, KY 40211
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $750,185
- 7.00%
- 7 Years
- NNN Lease
- Corporate Guarantee
Highlights
- Site is 0.3 Miles East of a Brand New Construction Hospital and Education Campus (Norton West & Goodwill Opportunity Center)
- 0.5 Miles from Brand New Housing Development (Eclipse in Russell)
- Advance Auto just extended their lease early for an additional 6 Years Showing their commitment to the site
- 14+ Year Operating History
- Site is Visible to over 13,000 Vehicles Per Day
- ~600,000 Residents within a 10 Mile Radius of the Site
- Site is near Kroger, Octapharma Plasma, Pizza Hut, USPS, Taco Bell
- Site is 3 Miles West of Downtown Louisville, KY
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this single-tenant Advance Auto Parts in Louisville, KY.
The tenant has operated at this location for over 14 years and recently extended their lease early, underscoring their long-term commitment. Located near major new developments, the site benefits from strong traffic, dense demographics, and minimal landlord responsibilities under a NNN lease. This is an attractive, low-price-point investment with stable cash flow and upside from surrounding growth.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
105,916 |
$45,713 |
|
5 Mile |
237,653 |
$56,320 |
|
10 Mile |
597,428 |
$73,113 |
