5240 Bardstown Rd · Louisville, KY 40291 · QSR / Restaurant
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Robust Traffic Counts | The subject property is well positioned on a hard corner intersection between Bardstown Rd and S Hurstbourne Pkwy. Bardstown Rd sees an average daily traffic count of 41,937 vehicles, and S Hurstbourne Pwky averages an additional 23,866 vehicles, providing the subject property with best - in- class visibility to an array of potential customers.
Dense Retail Corridor | This Wendy's is located in a dense retail corridor with an array of national and local tenants, bolstering the foot traffic in the immediate area. Directly across the street sits the Piccadilly Square shopping mall, anchored by Crunch Fitness, Hibbett, Five Below, and other local tenants. Additionally, the immediate area includes Culvers' Meijer, 7 Brew Coffee, Roosters Chicken Wings, Walgreens, and two separate Circle K's, solidifying this region as an elite retail corridor.
Attractive Demographics | The immediate area reflects strong demographics, providing further conviction of this investment opportunity. Within a 3 mile radius of the subject property, there are over 93,000 residents, providing this Wendy's with a large pool of local, reoccurring customers. Additionally, the average household income within this same radius exceeds $87,000 annually, displaying strong purchasing power in the immediate area.
Strong Brand Recognition | Wendy’s operates over 6,800 restaurants worldwide across 40 countries, making it the third- largest hamburger chain globally. With a brand value estimated at $4.4 billion (2024), Wendy’s is renowned for its consistent growth, iconic square - shaped beef patties, and a loyal customer base that drives strong market presence.
Surmount and Bang Realty are pleased to present the exclusive listing for a Wendy's located at 5240 Bardstown Road, Louisville, Kentucky 40291. The site consists of roughly 2767 rentable square feet of building space on an estimated 1.49-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 3/18/2019. The current annual rent is $155,574 and has scheduled increases of 10.00% Every 5 Years.
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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.