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
  • Woodford L Hoagland
    Hoagland Commercial Realtors
    Brooks Hower
    Hoagland Commercial Realtors
  • Note
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  • Property Details
  • 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

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