SRS Negotiates Sale-Leaseback of Newly Redeveloped Retail Property in Louisville Leased to Taco Bell

LOUISVILLE, KY. — SRS Real Estate Partners has negotiated the sale-leaseback of a newly redeveloped, single-tenant retail property located at 3459 Taylor Blvd. in Louisville, less than a mile from the famous Churchill Downs horse racetrack. Taco Bell occupies the 3,250-square-foot building on a 20-year, triple-net lease. Sarah Shanks and Morgan Zant of SRS Real Estate Partners represented the seller, Southpaw, a Connecticut-based Taco Bell franchisee that redeveloped a vacant quick-service restaurant building that was on the site. The buyer was a California-based private investor. The sales price was not disclosed.