Realty Income Corp Acquires Retail Property From Onyx Partners Ltd In Louisville For $10.3M
4805 Outer Loop
$10,300,000
$225/SF
Building Size
45,750 SF
Asset Type
Retail
Closing
Aug 26, 2026
About this deal
AI
The property located at 4805 Outer Loop in Louisville, KY, is a retail asset featuring a total square footage of 45,750. It was sold by Onyx Partners Ltd to Realty Income Corp for a transaction amount of $10,300,000. The site spans 5.5 acres and includes the Bob’s Discount Furniture and Mattress Store, positioned conveniently near Jefferson Mall.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,300,000
- Buyer: Sumit Roy - Realty Income Corp
- Seller: Onyx Partners Ltd
- Square Footage: 45,750
- Price Per Square Foot: $225
- Market: Louisville, KY
Sumit Roy represented Realty Income Corp in this transaction, while Onyx Partners Ltd was the seller involved in the deal. The acquisition focuses on providing a strategic addition to Realty Income Corp’s retail portfolio, highlighting its operational goals within the market.
Players
Louisville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93