Retail Business for Sale in Louisville, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Louisville, KY 40216

Description

This offering presents the opportunity to acquire a single-tenant, net-leased Truist Bank in Louisville, Kentucky, providing stable, passive income backed by an investment-grade financial institution. The property is secured by a long-term ground lease with term remaining through December 31, 2031, and three five-year renewal options featuring scheduled rental increases. Truist Bank, a subsidiary of Truist Financial Corporation (NYSE: TFC), is one of the largest banking institutions in the United States, offering strong credit quality and long-term operational stability. Strategically located along a well-trafficked retail corridor within the Louisville MSA, the asset benefits from a diversified regional economy and proximity to national retailers and major employers. Investment Highlights: • Truist Bank is a Top-10 Commercial Bank with an A- S&P Investment Grade Rating • 6 Years Remaining on the Lease and Three 5-Year Renewal Options with Significant Rent Increases • Absolute Net Ground Lease on 1.21 Acres

Market Context

This retail in Louisville, KY is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 38 days. Compare it against other retail listings for sale in Louisville, KY — <a href="/search/sale/retail/kentucky/louisville">view the full market</a>.

Unified Estimate

Very Low Confidence

$39.95/SF – $54.05/SF

Mid: $47.00/SF

Cost-of-business estimate only; rate estimator unavailable.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market columbia (similarity: 100%) with 3 comparable listings.

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