807 Blankenbaker Pkwy

For Sale

807 Blankenbaker Pkwy, Louisville, KY 40243

This Louisville property for sale is located at 807 Blankenbaker Pkwy. The current listed sale price for 807 Blankenbaker Pkwy is $3,933,284.

Contacts

broker
Ryan Pennington

Seven Development

Property Details

  • Property Type Retail
  • Property Size 3,378 SF
  • Date Updated May 26, 2025

Property: Zaxby’s restaurant at 807 Blankenbaker Parkway, Louisville, KY 40203

• 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 over 60 stores)

• Sale Price: $3,933,284

• Net Operating Income: $235,997

• Cap Rate: 6.00%

 

• 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 with zero landlord responsibilities

 

• Property Specifics:

• Lot Size: 0.92 Acres

• Building Size: 3,378 sq ft

• In operation since 2011

• Strong sales of approximately $3M (above national AUV)

 

• Location Highlights:

• 30,000+ Average Daily Traffic on Blankenbaker Parkway

• 103,900+ Average Daily Traffic on I-64

• Affluent trade area with $120,000+ average household income

• Three-mile daytime employee population of 67,980

• Area Demographics (3-mile radius):

• Population: 53,340

• Average Household Income: $123,560

 

• Key Investment Points:

• Long-term lease with a strong tenant

• High-performing location

• Zero landlord responsibilities

• Regular rent increases

 

• High barrier to entry submarket in Louisville MSA

Want more info on this listing?

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

Getting around

  • 30/100

    Walk Score ®

  • 35/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Louisville, KY
  • Neighborhood Middletown
  • Zip Code 40243
  • Market Louisville

Points of Interest

  • Circle K

    0.27 miles

  • Sam's Club

    0.60 miles

  • Thorntons

    0.98 miles

  • Speedway

    1.04 miles

  • Kroger

    1.50 miles

  • Shell

    2.04 miles

  • Tesla Supercharger

    4.85 miles

  • ChargePoint

    9.92 miles

  • Living Stone Church Parking

    3.25 miles

  • Carrithers Middle School Parking

    3.79 miles

  • Main Exit from Shelbyville Road Plaza

    5.02 miles

  • Main Entrance to Shelbyville Road Plaza

    5.03 miles

  • Visiting parking lot

    6.11 miles

  • Junior parking lot

    6.13 miles

  • Senior Parking lot

    6.21 miles

  • truck parking

    7.58 miles

  • car parking

    7.61 miles

  • Zaxby's

    0.01 miles

  • Cracker Barrel

    0.56 miles

  • Logan's Roadhouse

    0.69 miles

  • Waffle House

    0.78 miles

  • Wendy's

    0.81 miles

  • New China

    0.83 miles

  • Arby's

    0.84 miles

  • Jet's Pizza

    0.85 miles

  • Backyard Burger

    0.92 miles

  • McDonald's

    0.94 miles

  • Walmart Neighborhood Market

    0.87 miles

  • The Fresh Market

    1.43 miles

  • Kroger

    1.53 miles

  • Target

    1.84 miles

  • ALDI

    1.91 miles

  • Walmart Supercenter

    1.94 miles

  • Ross

    2.12 miles

  • Publix

    3.76 miles

  • Macy's

    3.83 miles

  • Von Maur

    4.02 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

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