Active

1961 Brownsboro Rd

1961 Brownsboro Rd, Louisville, KY 40206

1 / 7

Overview

TRIO Commercial Property Group is pleased to present the exclusive opportunity to acquire a multi-tenant retail center located at 1961 Brownsboro Road in Louisville, Kentucky. The property totals approximately 18,330 square feet across two buildings, featuring a diverse tenant mix and exceptional visibility along one of Louisville’s most established retail corridors.

PROPERTY OVERVIEW

  • Total Building Area: ±18,330 SF across two buildings
  • Zoning: C-2 Commercial (supports a wide range of retail, office, and service-oriented uses)
  • Occupancy: 100% occupied, multi-tenant retail center with a stable rent roll and long-term tenancy
  • Parking: Ample on-site parking to accommodate both tenants and customers

INVESTMENT HIGHLIGHTS

Well Position Location: Strategically located along Brownsboro Road, a high-traffic corridor with 9,018 vehicles per day (ADT) and strong visibility from multiple approaches.

Established Trade Area: Situated in one of Louisville’s most desirable submarkets—minutes from Frankfort Avenue, I-71, and I-264—surrounded by top-tier national and local retailers.

Strong Demographics: Within a 3-mile radius, the area boasts 91,216 residents with an average household income exceeding $72,000, reflecting a stable, affluent consumer base.

Attractive Fundamentals: Combination of high occupancy and consistent rental income creates an appealing risk-adjusted return profile for investors.

Accessibility & Exposure: Convenient access from both Brownsboro Road and surrounding arterials ensures strong daily traffic and visibility.

Vibrant Surroundings: The property benefits from proximity to a mix of retail, dining, service-oriented businesses and residential neighborhoods that drive year-round customer traffic.

This offering represents a rare opportunity to acquire a fully leased, multi-tenant retail center in one of Louisville’s most established corridors. The asset combines stable in-place income with long-term growth potential in a thriving infill location.

For Sale

Investment
Retail

Secondary Uses: Strip Center

Sale Price
$2,325,000
Price Per SF
$126.8/SF
Cap Rate
6.4%
Building Size
18,330 SF
Acres
1.7276 ac
Zoning
C2
Zoning Description
Commercial
Net Operating Income
$148,783
Pro Forma NOI
$148,783
Building Name
Cliffside Plaza
Number of Buildings
2
Year Built
1956
Parking Type
Surface
Parking Spaces
67
Tenancy
Multiple Tenants
Property Use Type
Investment
Property Status
Existing
Average Occupancy Rate
100%
Nearest Interstate
I-64 - 0.8 mi
County
Jefferson
Listed
10/23/2025
Updated
01/20/2026
Listing ID
48b98246
Parcel APN
088B00010000