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413 S ARTHUR AVE | LOUISVILLE | FLEX | FOR SALE

413 S ARTHUR AVE | LOUISVILLE | FLEX | FOR SALE

DOUBLE DIP

This is a rare opportunity to acquire a stabilized asset generating 7% cap rate income on an existing NNN lease running through May 2028 at $15.91/SF—meaning zero landlord responsibilities and immediate, hands-off cash flow from day one. And for the forward-thinking buyer, the lease expiration creates a natural, built-in timeline to transition into owner-occupancy—collect strong returns now, move your business in later. Whether you’re a pure investor or an owner-occupant playing the long game, this property checks both boxes.

Offered At:   $4,800,000
Building Size:   21,072 SF
Type:   Flex
Zoning:   I – Industrial

Property Highlights

Strong Current Income – Leased through May 2028, generating $15.91/SF NNN, providing immediate, passive cash flow with limited landlord obligations
Attractive 7% Cap Rate – Above-market returns on day one with a creditworthy tenant already in place
Built-In Runway for Owner-Occupants – Lease expiration in 2028 offers a clear, near-term path to occupy the space while collecting income in the meantime

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