• Year Built: 2015
3423 Fern Valley Rd is aretail property for lease in Louisville, KY.
An original 10 year lease commenced in March 2015, qualified investors are extended the opportunity to acquire a 100% fee simple interest in a single-tenant, absolute net lease Zaxby's quick service restaurant in Louisville, Kentucky. This is an 8 unit operator with net worth of $17,000,000. The restaurant is a 3,378 square foot building on a 1.26 site located in one of Louisville' s largest service retail trade areas; the Preston Highway corridor at Fern Valley Road near I-65.
Population density and significant nearby employment have long contributed to the area' s vitality attracting retailers and professional services. Trade area retailers include Sam' s Club, Home Depot, Walgreen' s, Dollar Tree, Citi Trends, and Feeders Supply, among many others. New and used car dealerships are located along the thoroughfare, as well as many casual and quick service restaurants.
The property is located in the core of Louisville' s longstanding manufacturing and distribution employment base. Located with 5 miles of the subject are a few of Louisville' s largest employers including UPS Worldport (20,000 employees), GE Appliance Park (6,000 employees), and Ford Assembly Plant (4,500 employees), including the Louisville International Airport. I-65 (125,000 VPD) runs directly through area with a full exchange less than 1 mile from the property.