2221 Frankfort Ave, Louisville, KY 40206

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Building Details:

2221 Frankfort Ave is located in Louisville, KY.

PRG Investments is the exclusive listing broker for this rare, high quality, single tenant investment opportunity in Louisville, KY. This is
a sale-leaseback transaction with the property comprising the company headquarters, flagship store, and commissary of The Comfy Cow, Louisville’s iconic ice cream and dessert brand. The lease will be
absolute NNN with no landlord responsibilities.

This offering presents a rare and attractive investment opportunity with a long-term income stream, and an opportunity to be associated with one of
Louisville’s most unique, and dynamic businesses as it accelerates its regional growth plans.

The property is located in the heart of the Frankfort Avenue business and retail corridor. The site is comprised of a newly constructed, 2,288 SF building that is connected to the historic and completely renovated Ouerbacker House, a 2,331 SF Queen Anne home (total square footage of 4,662 sf). The buildings share first floor retail and seating with offices located on the second floor of the historic home. Construction and renovation of the buildings were of the highest quality with unique historical merits that make this a truly spectacular project.

Established in 2009, The Comfy Cow is a home-grown business that has quickly created a cult following and strong branding and name recognition in the Louisville market. A frequent winner of national and local tasting awards, The Comfy Cow is preparing to roll out a regional development plan for company and franchise growth. The strong brand, coupled with this unique, infill location, creates a rare yet solid investment opportunity in this market place.

-Proposed sale-leaseback terms:
-10 year base term, Absolute NNN
-Years 1-5 - $45,000 per annum
-Years 5-10 - $49,500 per annum (10% increase)
-5 Year Option Term 1: $54,450 per annum (10% increase)
-5 Year Option Term 2: $59,895 per annum (10% increase)