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9921 Ormsby Station Road Louisville, KY 40223
SOLD DATE : 11/18/2024Want to know what your home might be worth? Contact us for a FREE valuation!
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Key Details
Sold Price $1,350,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 5,560 sqft
Price per Sqft $242
Subdivision Commercial
MLS Listing ID 24019157
Sold Date 11/18/24
Year Built 2000
Lot Size 1.260 Acres
Acres 1.26
Property Description
FOR SALE ! Former Applebee's Restaurant property located in the very busy North Hurstbourne Parkway area, adjacent to McDonalds restaurant, and is surrounded by large office parks, hotels, retail centers, and residential neighborhoods. The property is currently leased, under a NNN lease, to Tres Amigos Mexican Restaurant, The current rent is $9,750 / month, and is scheduled to increase to $10,240 / month on May 01, 2027. There are more than 4 ½ years of lease term remaining. Current Cap Rate 7.8%
Location
State KY
County Jefferson
Exterior
Parking Features On Site, Paved
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N N
Roof Type Flat,Membrane
Handicap Access No
Private Pool No
Building
Sewer Public Sewer
New Construction No
Others
Special Listing Condition Standard
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