Finding the right Louisville retail investment property for sale can be challenging in today’s market. Inventory is limited, demand is strong, and competition among buyers is fierce, especially for high-quality income-producing retail properties with national tenants. Recently, I had the pleasure of helping one of my recurring clients acquire a single-tenant net lease retail building for sale in Louisville, KY, located at 1255 Bardstown Road, Louisville, KY 40204. This transaction was more than just another closing; it was a strategic investment that checked every box for my client’s long-term real estate goals.
Searching for the Right Retail Investment in Louisville, KY
My client, an experienced investor, had already built a small but growing retail portfolio in Louisville, Kentucky. Over the past few years, I’ve helped him acquire several properties, each of which contributed to his goal of building stable, income-producing retail assets with long-term upside.
When we began our latest search, the Louisville retail real estate listings offered limited options. The few retail investment properties for sale were either overpriced or poorly located. For a short time, my client even considered shifting focus to multifamily investments, given the shortage of Louisville commercial retail property for sale.
However, after a multifamily deal fell through, we decided to double down on what he knew best — retail real estate. That’s when I found a hidden gem: a Sherwin-Williams retail property located along one of the city’s most active commercial corridors.
Why Bardstown Road is a Prime Retail Corridor
Bardstown Road is one of Louisville’s most recognizable retail and lifestyle corridors — a mix of national brands, local businesses, and heavy consumer traffic. For investors looking to buy retail property in Louisville, KY, this corridor consistently stands out for its visibility, demographics, and redevelopment potential.
The subject property sat directly across from a major retail center slated for redevelopment, a retail redevelopment opportunity in Louisville, KY, that will only strengthen the area’s fundamentals over time.
The tenant, Sherwin-Williams, is a nationally recognized, credit-rated company, the kind of triple net retail property in Louisville, KY investors are always seeking. The property had just undergone a lease renewal, including a 10% rental increase, confirming the tenant’s long-term commitment to the site.
Through research, we discovered that this specific store ranked in the top 25% of Sherwin-Williams locations nationwide. This meant low tenant risk and strong lease security, key factors in evaluating a retail investment Louisville KY, cap rate, and long-term return profile.
Creative Financing and Portfolio Strategy
As with many retail investment properties in Louisville, KY, financing plays a major role in deal success. Fortunately, my client had a strong relationship with his lender, Nick Hollifield at Stockyards Bank & Trust. Together, we structured a line of credit secured by his existing Louisville retail storefront investments, allowing him to move quickly and confidently.
This flexibility gave us a competitive edge during negotiations. Within a short period, we were under contract and moving through due diligence.
After reviewing the lease and confirming all compliance details, we successfully closed, another Louisville retail investment property for sale secured for my client’s growing portfolio.
Why This Deal Matters
This property offered everything an investor could want:
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Strong credit tenant (Sherwin-Williams)
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High-traffic retail corridor with long-term growth potential
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Recent lease renewal with built-in rent increases
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Stable cap rate and low management responsibility
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Optional upside if the tenant ever vacates — the buyer could reposition the property for his own business use
For investors evaluating retail development land in Louisville, KY, this deal demonstrates the value of strategic location, tenant quality, and flexibility in exit options. Even if Sherwin-Williams eventually relocates, my client could reposition the retail property or convert it into a mixed-use retail property in Louisville, KY, ensuring lasting value and adaptability.
Lessons for Retail Investors in Louisville
If you’re considering entering the Louisville KY retail investor opportunities market, here are a few takeaways:
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Stay flexible but focused. Market conditions may push you to consider other asset types, but a solid understanding of retail gives you an advantage when opportunities arise.
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Relationships matter. Having a strong lending partner can make or break a deal — speed and trust are key.
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Research tenant performance. Understanding where your tenant ranks in their network helps you measure long-term risk.
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Think ahead. A well-located retail asset in Louisville, KY, for sale today could become a redevelopment or repositioning opportunity tomorrow.
Building Generational Wealth Through Retail
Helping clients grow their retail portfolio in Louisville, Kentucky, is what I love most about my work. I’ve seen firsthand how smart investments in shopping center investments, strip centers, and income-producing retail properties can build generational wealth over time.
If you’re a landlord looking for great tenants, or a commercial property owner interested in repositioning your retail asset, let’s connect. I’d be happy to help you navigate the market and uncover the next great Louisville retail investment property for sale.
📞 502.536.7315
📧 raphael@sumcg.com