8520 Preston Hwy, Louisville, KY 40219

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Building Details:

Retail investment opportunity at 8520 Preston Highway in Louisville. It has had a long-term owner and is located in a stable, high traffic location in South Louisville. It is currently 100% occupied with long term tenants, with some having been there for well over 10 years.

Located in the Okolona area, the mature location contains a mixture of local and national retail users as well as stable single family residential, and it is in very close proximity to Southern High School. There have been a combination of new construction and renovated multifamily projects which speak to the growth in the area and rising demand for high quality rental housing.

This retail center is ideal for tenants who are providing key goods and services to the surrounding population. It has been 100% occupied for several years, which speaks to the demand of the tenant’s services. The building has undergone several improvements, including painting, a recently installed roof and several mechanical upgrades. The site contains an extensive amount of parking, excellent street exposure, great signage, and ease of parking at the door for customers.

This is a rare offering that is ideal for either a newer or established investor who will take advantage of historically low interest rates to enjoy excellent yield.