Investment Opportunity | Louisville, KY I 11% Cap Rate

2119 Old Shepherdsville Rd, Louisville, KY 40218

Accepting Offers
Investment Opportunity | Louisville, KY I 11% Cap RateInvestment Opportunity | Louisville, KY I 11% Cap RateInvestment Opportunity | Louisville, KY I 11% Cap RateInvestment Opportunity | Louisville, KY I 11% Cap Rate
Asking Price

$700,000

Investment Opportunity | Louisville, KY I 11% Cap Rate

2119 Old Shepherdsville Rd, Louisville, KY 40218

Asset Type: Real Estate

Estate: Fee Simple

Year Built: 1992

Land Area: 0.32 Acres

Number of Units: 1

Property Type: Retail

Occupancy %: 100

Year Renovated: 2026

Number of Floors: 2

Property Size: 5,287 SF

Investment Highlights

  • - Asking Price: $700,000
  • - 11% Cap Rate
  • - 5,287± SF across three buildings
  • - 100% occupied by a long-term tenant
  • - Five-year lease with annual rent escalations
  • - Strong in-place cash flow from day one
  • - Recent capital improvements reduce future maintenance costs
  • - Excellent Louisville location with convenient access to major transportation corridors
  • - Ideal for investors seeking passive income and long-term appreciation

Investment Opportunity | Louisville, KY I 11% Cap Rate

Exceptional opportunity to acquire a high-yield, income-producing commercial investment in one of Louisville's established commercial corridors. This offering includes three buildings totaling approximately 5,287± square feet and is 100% leased to a strong multi-location day care operator under a five-year lease, providing immediate, predictable cash flow. With an 11% capitalization rate, this property offers investors an attractive return that significantly outperforms many comparable stabilized commercial assets. The lease includes scheduled annual rent increases, providing built-in NOI growth and long-term value appreciation while reducing future leasing risk. Strategically positioned near I-264, Poplar Level Road, Louisville Muhammad Ali International Airport, UPS Worldport, and major employment centers, the property benefits from excellent accessibility, strong surrounding demographics, and continued demand for commercial space in the area. Whether you're completing a 1031 Exchange, seeking to diversify your commercial portfolio, or looking for a stable, cash-flowing asset with immediate returns, this property presents an outstanding investment opportunity.

Sale FAQs

Investment Sales Broker

Katie Renfro

Katie Renfro

The Renfro Group

KY License: KY 271918

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXX

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