Carvana | 1510 Lake Shore Ct
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Carvana 1510 Lake Shore Ct
5,709 SF Retail Building Jeffersontown, KY 40269 $12,247,082 CAD ($2,145 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Long-Term Triple Net (NNN) Lease
- Attractive Rental Increases
- Strong Corporate Guarantee
Executive Summary
NNN Pro and Bang Realty are pleased to present the exclusive listing for a Carvana located at 1510 Lake Shore Court, Louisville, KY 40223. The site consists of roughly 5,709 rentable square feet of building space on an estimated 1.5-acre parcel of land. This Carvana is subject to an Absolute Triple Net (NNN) lease, which has over 17.1 years of term remaining. The current annual rent is $583,207 and has scheduled increases of lesser of 7.923377% or 1.25x5 year cpi every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,709 SF
Building Class
B
Year Built
2020
Price
$12,247,082 CAD
Price Per SF
$2,145 CAD
Cap Rate
6.75%
NOI
$826,678 CAD
Tenancy
Single
Building Height
8 Stories
Building FAR
0.09
Lot Size
1.50 AC
Zoning
C2
Frontage
129 ft on Lake Shore Court
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 190700370003 | Improvements Assessment | $7,756,353 CAD |
Land Assessment | $1,989,789 CAD | Total Assessment | $9,746,142 CAD |
PROPERTY TAXES
Parcel Number
190700370003
Land Assessment
$1,989,789 CAD
Improvements Assessment
$7,756,353 CAD
Total Assessment
$9,746,142 CAD
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Carvana | 1510 Lake Shore Ct
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