Tymberwood Shopping Center

4235 Outer Loop, Louisville, KY 40219

98% LEASED, CREDIT-ANCHORED: 98% of gross leasable area leased to national and regional tenants, with 63% of occupied GLA to investment-grade credit.
8.00% IN-PLACE CAP RATE: $1,213,763 of Pro Forma Year 1 net operating income at $144 per square foot.
CONTRACTUAL RENT GROWTH: Best Buy steps to $12.40 in 2027 and Crunch Fitness to $12.76 by 2033; NOI grows 11.6% to $1,354,597 by Year 10 with no re-leasing assumed.
6.9-YEAR WALT, DEEP OPTION COVERAGE: Crunch Fitness runs to 2038 and Best Buy just extended 2032, with ten five-year renewal options across the anchor lineup.
INTERNET-RESISTANT TENANT MIX: 52% of GLA in fitness, food, value retail and personal services; the single 2,400 SF vacancy is the only lease-up in the center.
31,357 VEHICLES PER DAY: Direct frontage on Outer Loop, the primary arterial serving south Jefferson County.
182,240 RESIDENTS WITHIN FIVE MILES: Growing to 186,265 by 2030 across 73,122 households.
$78,659 AVERAGE HOUSEHOLD INCOME: Five-mile average, rising to $84,741 across the ten-mile ring.
$1.99 BILLION IN CONSUMER SPENDING: Annual five-mile consumer spending power, expanding to $7.72 billion at ten miles.
ESTABLISHED SOUTH LOUISVILLE RETAIL NODE: The trade area’s dominant big-box concentration within the Louisville MSA, Kentucky’s largest metro.