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2943 Richland Ave
Louisville, KY 40220 Hikes Point

$2,827,586 USD

Bank For Sale  •  4,789 SF

Property Details

  • Property Type Bank
  • Total Building Size 4,789 SF
  • Lot Size 0.91 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 5.80 %
  • Tenancy Single
  • Zoning C1-COMMERC
30 Transit Score
60 Walk Score

Highlights

$119,000,000+ branch deposits at this location in 2025
Investment grade rated tenant (S&P: AA-)
Positioned within the Louisville MSA – Ranked #43 in the United States for population size
NNN ground lease – no landlord responsibilities
CPI-based rental escalations every five years with no cap
Two 10-year renewal options

Property Flyers

Cap Rate: 5.80 %

Major Tenants

Tenant SF Occupied Lease End Date
Chase Bank 1/29/2034

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Louisville Muhammad Ali International 20 min - 10.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group