Baxter Mixed-Use Development 650 Baxter Ave Louisville, KY 40204
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1 BAXTER RETAIL Baxter Mixed-Use Development 650 Baxter Ave Louisville, KY FOR LEASE FIRST FLOOR RETAIL SPACE 17,170 SF± Lease Rate : $25 SF + $4.45 SF NNN New mixed-use development in the Phoenix Hill and Highlands neighborhood Development is on the corner of Baxter (10K ADT) and Broadway (25K ADT) offering first floor retail with 260 upper level apartment units Parking deck with 100 retail-designated parking spots Centrally located between NULU and the Highlands neighborhoods near many local microbreweries & distilleries Highland Station apartment development (197 units) is 0.3 miles from subject property Justin Baker jbaker@triocpg.com Theresa Carnes tcarnes@triocpg.com
2 AERIAL NULU DOWNTOWN NEW LOUISVILLE CITY FC STADIUM BUTCHERTOWN JEFF MAR LIBE ERSO KET RTY S N ST MAIN CLIFTON ST ST T IRISH HILL PHOENIX HILL 10K BRO XT BRO ADW AY N PAY SITE CAVE HILL CEMETERY E AV 25K ER 32K T ES BA ADW AY SMOKETOWN LOWER HIGHLANDS 22K INS GR SHELBY PARK E AV S TYLER PARK ER E W XT GERMANTOWN BA N CHEROKEE TRIANGLE BA R D ST O W N R D R DD A TE
3 DEVELOPMENT OVERVIEW PARKING DECK 100+ RETAIL PARKING STALLS 260 APARTMENT UNITS FLOORS ,506 GSF 10,506 SF PARKI 5,023 SF 1,641 SF Pedestrian Access from parking deck to street retail AVAILABLE RETAIL AVAILABLE LEASE PENDING PENDING LEASE LEASE SIGNED SIGNED LEASE 100+ PA S
4 SITE PLAN BAXTER AVE 10,506 GSF 5,023 GSF 11,268 GSF RETAIL AVAILABLE AVAILABLE AVAILABLE LEASE LEASE PENDING PENDING PARKING DECK PARKING DECK 100+ RETAIL 100+ RETAIL PARKING STALLS PEDESTRIAN ACCESS FROM PARKING DECK TO STREET RETAIL 1,641 GSF COMING SOON 3,023 GSF BROADWAY LEASE LEASE SIGNED SIGNED
5 PHOTOS BAXTER RETAIL
6 DEMOGRAPHICS 650 BAXTER AVE LOUISVILLE, KY MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS POPULATION 2018 ESTIMATED POPULATION 15, , , PROJECTED POPULATION 15, , , CENSUS POPULATION 14, , , CENSUS POPULATION 16, , ,191 PROJECTED ANNUAL GROWTH 2018 TO % 0.6% 0.8% HISTORICAL ANNUAL GROWTH 2000 TO % 0.2% MEDIAN AGE HOUSEHOLDS 2018 ESTIMATED HOUSEHOLDS 7,870 53, , PROJECTED HOUSEHOLDS 8,153 55, , CENSUS HOUSEHOLDS 7,206 49, , CENSUS HOUSEHOLDS 7,664 50, ,455 PROJECTED ANNUAL GROWTH 2018 TO % 0.7% 0.9% HISTORICAL ANNUAL GROWTH 2000 TO % 0.4% 0.3% RACE AND ETHNICITY INCOME EDUCATION (AGE 25+) BUSINESS 2018 ESTIMATED WHITE 66.4% 69.9% 62.3% 2018 ESTIMATED BLACK OR AFRICAN AMERICAN 28.0% 23.9% 31.0% 2018 ESTIMATED ASIAN OR PACIFIC ISLANDER 1.8% 2.4% 2.0% 2018 ESTIMATED AMERICAN INDIAN OR NATIVE ALASKAN 0.3% 0.3% 0.3% 2018 ESTIMATED OTHER RACES 3.4% 3.5% 4.3% 2018 ESTIMATED HISPANIC 3.0% 3.1% 4.1% 2018 ESTIMATED AVERAGE HOUSEHOLD INCOME $60,199 $69,378 $65, ESTIMATED MEDIAN HOUSEHOLD INCOME $48,621 $49,612 $49, ESTIMATED PER CAPITA INCOME $31,470 $34,177 $30, ESTIMATED ELEMENTARY (GRADE LEVEL 0 TO 8) 2.3% 2.9% 3.4% 2018 ESTIMATED SOME HIGH SCHOOL (GRADE LEVEL 9 TO 11) 5.9% 7.3% 8.8% 2018 ESTIMATED HIGH SCHOOL GRADUATE 21.0% 21.5% 26.1% 2018 ESTIMATED SOME COLLEGE 24.7% 22.6% 23.6% 2018 ESTIMATED ASSOCIATES DEGREE ONLY 5.9% 5.9% 6.8% 2018 ESTIMATED BACHELORS DEGREE ONLY 22.2% 20.8% 17.4% 2018 ESTIMATED GRADUATE DEGREE 17.9% 19.0% 13.9% 2018 ESTIMATED TOTAL BUSINESSES 1,368 9,875 16, ESTIMATED TOTAL EMPLOYEES 13, , , ESTIMATED EMPLOYEE POPULATION PER BUSINESS ESTIMATED RESIDENTIAL POPULATION PER BUSINESS
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