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300 S 1st Ave
La Grange, KY 40031

$1,047,273 USD

Freestanding For Sale  •  7,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 7,000 SF
• Lot Size 0.68 AC
• Building Class C
• Year Built 2006
• Cap Rate 8.25 %
• Tenancy Single
• Zoning C

0 Transit Score

73 Walk Score

Highlights

Constructed in 2006 as a built-to-suit for Advance Auto Parts.

Tenant executed an early lease extension through July 2028, with two additional five-year renewal options extending potential occupancy through 2038—r

The property is positioned in the Louisville MSA and off of I-71, which sees over 50,000 vehicles daily.

Extremely strong retail synergy with nearby national tenants including Dairy Queen, Walmart, Kroger, Tractor Supply, Taco Bell, and more.

Surrounding area has an impressive 4% projected population growth rate over the next five years.

Strong average household income of $132,272 in a 5-mile radius.

Cap Rate:

8.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Advance Auto Parts

Amenities

• Freeway Visibility
• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Louisville Muhammad Ali International	43 min	-	30.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	38
Type:	Surface
Included in Rent:	Yes