Single Tenant Net Lease | $1,253,000 Dunkin' Donuts 9913 Brownsboro Road Louisville, Kentucky
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SINGLE TENANT NET LEASE | $1,253,000 DUNKIN’ DONUTS 9913 BROWNSBORO ROAD LOUISVILLE, KENTUCKY DUNKIN DONUTS’ | LOUISVILLE, KY OFFERING MEMORANDUM EXECUTIVE SUMMARY The Offering Investment Highlights Qualified Investors are extended the opportunity to acquire a 100% fee simple Ideal 1031 or Private Equity Investment interest in a single-tenant, NNN lease Dunkin; Donuts in affluent eastern • A 10 year NNN lease with approximately 8 years of term remaining Louisville, Kentucky. The 2,050 square foot building on 0.55 acres prominently provides investors with limited landlord responsibilities and excellent located on Brownsboro Road (Highway 22) just east of the Interstate 265 underlying real estate exchange near Interstate 71. Louisville’s Most Affluent Demographics • Over 49,000 people live within a three mile radius of the subject with The area has experienced major residential and commercial growth over the median household incomes reaching $80,000 past two decades with the development of Louisville’s only lifestyle center. The Paddock Shops, Old Brownsboro Crossing (Cabela’s, Lowe’s, Costco, Norton High Traffic Site with Great Accessibility and Visibility Hospital, Norton Children’s Hospital), Louisville’s only “New Urbanism” planned • Nearly 30,000 vehicles pass the location daily community Norton Commons, and various other shopping centers, Class A multifamily developments, professional office buildings, and single family Premier Trade Area • The Paddock Shops and Old Brownsboro Crossing are two of the most residence neighborhoods. vibrant retail and medical developments in the region driving significant traffic and creating maximum synergies for quick service restaurants in the Fast growing population, affluent demographics, and interstate access to both area I-265 and I-71 have made the Brownsboro Road trade area one of Louisville’s premier commercial corridors. The subject’s strategic site offers maximum exposure to 28,000 VPD on Brownsboro Road. Sales Terms The property is being offered on an “as-is” basis with ownership making no representations or warranties with respect to the accuracy or completeness of the offering memorandum or any and all documents delivered to any acquisition prospect for the purpose of due diligence. 502.426.1050 | HOGANDEV.COM 5 DUNKIN DONUTS’ | LOUISVILLE, KY OFFERING MEMORANDUM PROPERTY PHOTOS 502.426.1050 | HOGANDEV.COM 6 DUNKIN DONUTS’ | LOUISVILLE, KY OFFERING MEMORANDUM REGIONAL MAP 502.426.1050 | HOGANDEV.COM 8 DUNKIN DONUTS’ | LOUISVILLE, KY OFFERING MEMORANDUM TRADE AREA AERIAL 502.426.1050 | HOGANDEV.COM 13 DUNKIN DONUTS’ | LOUISVILLE, KY IMMEDIATE AREA AERIAL OFFERING MEMORANDUM 502.426.1050 | HOGANDEV.COM 14 HOGAN REAL ESTATE EXCLUSIVE AGENTS Justin Phelps Hunter Jacobs Brooks Mayer D: 502.271.5820 D: 502.271.5812 D: 502.271.5815 M: 502.426.1050 M: 502.426.1050 M: 502.426.1050 F: 502.426.1223 C: 502.639.4727 C: 502.558.4913 F: 502.426.1223 F: 502.426.1223 [email protected] [email protected] [email protected].