158 KEYSTONE CROSSROAD DR · SHEPHERDSVILLE, KY 40165-6005 · QSR / Restaurant
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
• High-Traffic Location – The site directly experiences over 15,000 vehicles per day on Highway 44 and is located off Interstate 65 with 96,000+ vehicles per day. I-65 passes through three of Kentucky’s ten largest cities, connecting Bowling Green, Elizabethtown, and Louisville. This strategic positioning offers excellent visibility and accessibility.
• Passive Lease Structure – This is an Absolute NNN Lease, offering a hands-off investment opportunity that minimizes landlord responsibilities. Wendy’s passive lease structure is designed for an optimal investment experience for both local and national investors.
• Strong Rental Growth – The lease features built-in 10% rental increases every five years, and in the options period. The next rental increase is set to occur in 2029, bringing the in-place cap rate to 6.60%. This lease structure provides consistent rental growth and a hedge against inflation.
• Long-Term Operating History – Wendy’s has successfully operated at this location since 2019, initially executing a 20-year lease running through March 2039. This further demonstrates the tenant’s commitment to the site and long-term confidence in the business operation.
• Proximity to Louisville MSA – This asset is located ~15 miles directly south of Louisville, KY, which has an MSA totaling upwards of 1.2 million residents and is home to Louisville Muhammad Ali International Airport (SDF). SDF ranks as the 3rd busiest cargo airport in North America, and Shepherdsville serves as a critical market to support the local manufacturing, freight, logistics, and industrial economy.
• Strong Retail Synergy – The property is located in a dense retail corridor with a plethora of regional and national name-brand tenants that drive traffic in the area. Surrounding tenants include McDonald’s, Taco Bell, Starbucks, Panera Bread, Valvoline, KFC, Arby’s, Kroger, Walgreens, AutoZone, Goodwill and other major tenants.
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.
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.