1064 Bardstown Rd, Louisville, KY 40204
Commercial property for lease
- Description
- Hoagland Commercial is pleased to present this long term NNN leased property FOR SALE in the Highlands. HopCat is a restaurant and bar chain based in Grand Rapids, MI. HopCat currently operates 17 locations in eight states, including 2 in Kentucky. The company plans on expanding to 30 locations within the next few years. Beer Advocates rates HopCat as one of the top 5 bars in the entire city of Louisville.This investment benefits from substantial increases every 5 years providing an excellent hedge against inflation.There is a 10% increase coming August 1st, 2021HopCat is showing its commitment to growth by securing the services of Mark Sellers, who was most recently the CEO of Buffalo Wild Wings. Under his guidance, the company plans to build a sustainable state of the art brewpub that is focuses on customer service and an excellent food & drink options.HopCat recently extended their lease at this location for a full 12 years, showing unparalleled commitment to the site and ensuring that it sees long term potential in the Louisville market. Building price details: $4,900,000.
- Contact info
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Woodford L HoaglandHoagland Commercial RealtorsBrooks HowerHoagland Commercial Realtors
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Lot Size: 0.560 Acres Number of Stories: 2 Year Renovated: 2016 Submarket: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub MSA: Louisville/Jefferson County Zoning: C-2 - Commercial District Buildings: 1 Tenancy: Single Tenant Terms: Cash to Seller Added: 09/04/2019