Map of Property

10405 Southpointe Boulevard

For Sale

10405 Southpointe Boulevard, Louisville, KY 40291

This Louisville property for sale is located at 10405 Southpointe Boulevard. The current listed sale price for 10405 Southpointe Boulevard is $3,795,000. 10405 Southpointe Boulevard is situated on a lot that is 1.13 acre in size.

Contacts

broker
Patrick Luther

SRS Real Estate Partners

broker
Matthew Mousavi

SRS Real Estate Partners

Property Details

  • Property Type Retail - Restaurant
  • Property Size 4,430 SF
  • Lot Size 1.13 Acre
  • Cap Rate % 5.13
  • Date Updated May 30, 2025
  • Visibility/Traffic Count (VPD) 46,700

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased Panera Bread investment property located in Louisville, Kentucky. The tenant, Panera, LLC, has approximately 11 years remaining on its 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. The Panera Bread is located at the signalized, hard corner intersection of US Hwy 150 and Southpointe Blvd. US Hwy 150 averages over 46,700 vehicles passing by daily and is a major retail thoroughfare serving the city of Louisville. The asset will be an outparcel to a future Hy-Vee grocery store anchored center that also features national/credit tenants including Bank of America and Bubba’s 33 pads. 

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Getting around

  • 33/100

    Walk Score ®

  • 19/100

    Transit Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Louisville, KY
  • Neighborhood Chism Trail
  • Zip Code 40291
  • Market Louisville

Points of Interest

  • Walmart Fuel

    0.45 miles

  • Murphy USA

    0.46 miles

  • Kroger Fuel

    0.65 miles

  • Speedway

    1.84 miles

  • MapCo

    2.51 miles

  • Circle K

    2.59 miles

  • Meijer Fuel

    3.57 miles

  • BP

    3.86 miles

  • Tesla Supercharger

    5.57 miles

  • Tesla Destination Charger

    9.57 miles

  • Carrithers Middle School Parking

    3.03 miles

  • Living Stone Church Parking

    4.76 miles

  • Guest Parking

    6.94 miles

  • Staff Parking

    6.95 miles

  • UPS Grade Lane Parking Lot

    7.95 miles

  • Harper's Lot

    7.96 miles

  • Lot 1

    8.05 miles

  • Lot 2

    8.17 miles

  • Main Exit from Shelbyville Road Plaza

    8.24 miles

  • Main Entrance to Shelbyville Road Plaza

    8.24 miles

  • Waffle House

    0.22 miles

  • McDonald's

    0.26 miles

  • Cracker Barrel

    0.47 miles

  • Aspen Creek

    0.50 miles

  • White Castle

    0.52 miles

  • Applebee's

    0.58 miles

  • Burger King

    0.59 miles

  • Outback Steakhouse

    0.60 miles

  • Subway

    0.66 miles

  • Pizza Hut

    0.68 miles

  • Kohl's

    0.35 miles

  • Walmart Supercenter

    0.44 miles

  • Kroger

    0.69 miles

  • Price Less Foods

    1.74 miles

  • Supermercado Guanajuato

    2.00 miles

  • Valu Market

    2.16 miles

  • Big Lots

    2.34 miles

  • Walmart Neighborhood Market

    3.68 miles

  • Meijer

    3.76 miles

  • ALDI

    4.59 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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