3145 S 3rd St

3145 S 3rd St, Louisville, KY 40214

Property Information

  • For Sale $2,837,000
  • Property Type Retail
  • Property Size 950 SF
  • Cap Rate % 5.25
  • NOI / YR $148,948.00
  • Year Built 2026
  • Date Updated Jun 9, 2026

Description

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located in Louisville, Kentucky (Churchill Downs). The tenant, Dutch Bros, recently signed a brand new 15 year lease. The lease features 10% rental increases every 5 years throughout the initial term, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. 

Contacts

Location

Located at 3145 S 3rd St, Louisville, KY 40214, this property is part of the Wilder Park neighborhood and Louisville market.

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