Map of Property

13811 Terra View Trail

For Sale

13811 Terra View Trail, Louisville, KY 40245

This Louisville property for sale is located at 13811 Terra View Trail. The current listed sale price for 13811 Terra View Trail is $3,289,117. 13811 Terra View Trail is situated on a lot that is 1.29 acre in size.

Contacts

broker
Ryan Pennington

Seven Development

Property Details

  • Property Type Retail
  • Property Size 3,994 SF
  • Lot Size 1.29 Acre
  • Cap Rate % 6
  • Date Updated May 26, 2025

Property: Zaxby’s restaurant at 13811 Terra View Trail, Louisville, KY 40245

Offering: 100% fee simple interest in a single-tenant absolute net lease property

Tenant: Credit to CTC KY LLC (Zaxby’s franchisee)

Guarantor: Roost & Rise Holdings, LLC (Zaxby’s largest franchisee with 60+ stores)

Sale Price: $3,289,117

Cap Rate: 6.00%

Net Operating Income: $197,347

 

Lease Details:

New 20-year initial term (commenced January 23, 2025)

Two 10-year renewal options

10% rent increases every 5 years

Absolute net lease (zero landlord responsibilities)

 

Property Specifics:

Building Size: 3,994 sq ft

Lot Size: 1.29 acres

 

Location Highlights:

Near I-265 in Louisville’s East End

29,100+ Average Daily Traffic on Old Henry Road (2023)

65,100+ Average Daily Traffic on I-265

Affluent trade area with $141,000+ average household income

67,227 daytime employees within 5 miles

Demographics (1 mile / 3 miles / 5 miles):

Population: 3,763 / 36,774 / 110,045

Average Household Income: $190,433 / $167,557 / $147,639

 

Zaxby’s Overview:

Founded in 1990

972+ locations (2024)

798 franchised units, 174 corporate units

Headquarters in Atlanta, GA

 

Investment Highlights:

Long-term lease with strong guarantor

Established location with strong sales history (operating since 2016)

High-barrier-to-entry submarket

NOI at 8% of sales

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 28/100

    Walk Score ®

  • 18/100

    Transit Score ®

  • 22/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Louisville, KY
  • Neighborhood Lake Forest
  • Zip Code 40245
  • Market Louisville

Points of Interest

  • Speedway

    0.12 miles

  • Kroger Fuel Station

    1.44 miles

  • Thorntons

    1.55 miles

  • Marathon

    2.07 miles

  • Kroger

    2.37 miles

  • Valero

    3.13 miles

  • Tesla Supercharger

    3.84 miles

  • truck parking

    4.72 miles

  • car parking

    4.75 miles

  • Yew Dell Botanical Gardens Parking Lot

    4.82 miles

  • Living Stone Church Parking

    6.03 miles

  • Main Exit from Shelbyville Road Plaza

    7.50 miles

  • Main Entrance to Shelbyville Road Plaza

    7.51 miles

  • Carrithers Middle School Parking

    7.59 miles

  • Junior parking lot

    8.52 miles

  • Subway

    0.08 miles

  • Firenza Pizza

    1.44 miles

  • El Nopal

    1.46 miles

  • Jimmy John's

    1.50 miles

  • Old School Pizza

    1.50 miles

  • Double Dragon II

    1.55 miles

  • McDonald's

    1.56 miles

  • KFC

    1.58 miles

  • Arby's

    1.60 miles

  • Long John Silver's

    1.62 miles

  • Publix

    0.22 miles

  • Kroger

    1.52 miles

  • Walmart Supercenter

    1.98 miles

  • Ross

    2.00 miles

  • Target

    2.06 miles

  • Walmart Neighborhood Market

    3.41 miles

  • ALDI

    3.62 miles

  • Meijer

    3.76 miles

  • TJ Maxx

    3.87 miles

  • Kohl's

    3.89 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.

Contact Listing Broker
broker
Ryan Pennington

Seven Development

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.