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3131 Poplar Level Rd
Louisville, KY 40213 Deer Park

$4,415,000 USD

Restaurant For Sale  •  4,250 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,250 SF
  • Lot Size 1.21 AC
  • Building Class C
  • Year Built 2008
  • Cap Rate 5.70 %
  • Tenancy Single
  • Zoning C1-COMMERC
29 Transit Score
67 Walk Score

Highlights

Proven operating history since 2006; lease extension executed in 2018
Ground lease – NNN – No landlord responsibilities
Panera will be performing a refresh on the building in the coming months
Regional connectivity via I-264 (182,000 VPD) & I-65 (129,000 VPD)
265,000+ people live within a five-mile radius
Nearby attractions include Norton Audubon Hospital, Bellarmine University (2,800 students), Saint Xavier High School (1,300+ students)

Property Flyers

Cap Rate: 5.70 %

Major Tenants

Tenant SF Occupied Lease End Date
Panera Bread 12/31/2031

Amenities

  • Freeway Visibility

Public Transportation

AirportDriveWalkDistance
Louisville Muhammad Ali International 15 min - 7.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 68
Type: Surface
Included in Rent: Yes
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group