David Graves of Cypress Property Group recently represented Raising Cane’s on a 20-year Absolute Net Ground Lease on Hurstbourne Parkway in Louisville, Kentucky. Built on an unrestricted Walmart outlot in the heart of a busy retail corridor, it is also very close to I-64.
- 6.67% Rent Increases Every 5 Years
- 74,600 Vehicles Per Day
- Average HH Income in 1-Mile Radius is $72,000, $80,000 in 3-Miles
- Located on Unrestricted Walmart Outlot
- Population within 1-Mile Radius is 10,000
- Primary Suburban Retail Corridor in Louisville, KY
In addition to the new Hurstbourne property, David also represented Raising Cane’s on nine (9) other successful locations spanning from Kentucky to South Carolina.