Family Dollar | Strong Performing Location | Recent… — Sale in Louisville, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Louisville, KY 40215

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Family Dollar | Strong Performing Location | Recent… — Sale in Louisville, KY, photo 2 of 2

Investment Figures

Cap rate
8.20%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale this net-leased Family Dollar located at 4126 Taylor Boulevard in Louisville, Kentucky, positioned within the busy South Louisville trade area of Jefferson County. The property consists of a 7,920-square-foot inline space within a larger, Save A Lot-anchored shopping center, situated on its own separately parceled 0.43-acre site with dedicated parking and convenient ingress and egress along Taylor Boulevard. The asset benefits from strategic frontage along Taylor Boulevard, a long-established commercial arterial carrying more than 24,000 vehicles per day and serving the densely populated, rooftop-heavy residential neighborhoods of south-central Louisville. The corridor offers strong visibility, established traffic patterns, and direct connectivity to the Henry Watterson Expressway (I-264) and the downtown Louisville CBD to the north. Strategically positioned within a Save A Lot-anchored shopping center, the property also benefits from a strong complementary tenant mix, with service-oriented tenants such as Cricket Wireless, restaurants, a childcare and learning center, a barber shop, a health clinic, and other retailers that help drive traffic to the location. Family Dollar has operated at this location since 2005 and recently exercised its first renewal option, a strong demonstration of the tenant’s long-term commitment to the site. The current term runs from July 1, 2026, through June 30, 2031, and includes three (3) additional five-year renewal options thereafter. The lease features 10% rental escalations at each renewal, providing built-in NOI growth and a natural hedge against inflation throughout the remaining lease term and option periods. Founded in 1959, Family D ollar is one of the nation’s largest small-box discount retailers, operating more than 8,000 neighborhood stores across 48 states. The company serves millions of customers each week by offering a broad assortment of everyday essentials, including fo

Market Context

This retail in Louisville, KY is listed for sale. It is offered at an approximate 8.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Louisville, KY — view the full market.

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