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401 South 4th Street

401 S 4th St, Louisville, KY, 40202-3426, US

401 South 4th Street_Property for Sale

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401 South 4th Street 2_Property for Sale

Asset description

Jones Lang LaSalle (“JLL”), as the exclusive advisor, presents the opportunity to acquire the 100% fee simple interest in 401 South Fourth Street (the “Property” or “Opportunity”), a 26-story Class A office tower located at the gateway to Louisville’s famous 4th Street Live! mixed-use entertainment district. Built in 1982 and having multiple renovations, the 346,213 rentable square foot (RSF) Property is an iconic mainstay on the Louisville skyline.


401 South Fourth Street provides appealing in-place cash flow from an investment grade anchor, Fifth Third Bank, while offering value-add upside in lease up of the remaining vacancy.​​​​​​​

Attributes

Building area Net
326,000 sf
Occupancy
100.00%
Year built
1982
Land area Net
4.76 acres (207,346 sf)

Investment highlights

  • The Epicenter of Louisville
  • Access to Transportation
  • Ideal Combination of Cash Flow Security with Material Embedded Upside
  • Building Amenities and Efficient Floorplates
  • Resurgence of Downtown Louisville 
  • Vibrant Louisville Economy
  • Tremendous Discount to Replacement Costs


401 South 4th Street 4_Property for Sale
401 South 4th Street 4_Property for Sale

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Last updated
Nov 30, 2022