SRS Real Estate Partners has completed the sale-leaseback of a Taco Bell property located at 3459 Taylor Boulevard in Louisville, Kentucky.
Situated on 0.72 acres, the 3,250-square-foot, newly redeveloped property was completed in 2025 and is located near Churchill Downs. SRS Capital Markets Vice Presidents Sarah Shanks and Morgan Zant represented the seller, Southpaw, a Connecticut-based Taco Bell franchisee. The buyer was a California-based private investor.
The site was formerly a quick-service restaurant that had been vacant. In March 2025, Shanks and Zant sold the property to Southpaw, who redeveloped the site for its use. “Southpaw signed a new 20-year absolute triple net lease with the new ownership,” said Zant. “The buyer can enjoy a management-free investment that is ideal for passive investors seeking reliable income.”
The SRS team closed a total of nine Taco Bell properties to individual buyers totaling $18.66 million in Louisville and the Midwest in December 2025.
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