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315 Central Ave

Louisville, KY
Total Size
9,513 sqft
Year Constructed
Year Renovated
Building Class

About 315 Central Ave

This newly constructed investment property is in the burgeoning Central Avenue area. Two buildings on nearly ¾ acre are located directly across the street from the University of Louisville’s Jim Patterson baseball stadium as well as Churchill Downs race track. Papa John’s Cardinal Stadium is just steps away as well. 3 of 4 spaces are leased. One is already occupied and the other two are being readied for occupancy early in 2015. A fourth and final lease is pending. All leases are ten year NNN terms with national and regional users. Subway, Papa Murphy’s and Overtime sports Bar and Grille are the new tenants. Overtime occupies a full building at 315 Central Avenue and the second building, 3014 South Third Street, will house Papa Murphy’s, Subway and an as-yet unnamed tenant. Fully leased, the cap rate is 8%. Co-operating brokerage fees will be paid. Contact listing broker for confidentiality agreement and offering memorandum. - Parking description: Open, first come, first serve - Area description: Urban, university, retail(Kroger across street), sports complex for schools and horse racing. - Number of buildings: 2 - Building condition: Excellent - Tenancy: Multiple Tenants

Internet Providers for 315 Central Ave

Provider Technology Max Download Speed Max Upload Speed
Time Warner Cable Cable
100 Mb/s
6 Mb/s DSL
25 Mb/s
1.5 Mb/s
AT&T Kentucky DSL
25 Mb/s
1.5 Mb/s
MegaPath Corporation DSL
3 Mb/s
1.5 Mb/s

The Neighborhood: South Louisville

Median Rate Median Size
South Louisville
Median Rate Median Size
Louisville $21

Median Rate over Time in South Louisville