SRS Real Estate Partners completed the sale-leaseback of a Taco Bell property at 3459 Taylor Blvd. in Louisville, Kentucky.
Situated on .72 acres, the 3,250-square-foot, newly redeveloped property was completed in 2025 and is well-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 (QSR) that had been vacant. In March 2025, Shanks and Zant sold the property to Southpaw who redeveloped the site for its use.
The property is situated within a heavily trafficked retail corridor and is just .7 miles from Churchill Downs, home to the world-renowned Kentucky Derby which attracts both local and tourist foot traffic year-round. There are more than 245,000 residents and 219,000 employees within a five-mile radius of the property, creating a strong customer base for the new QSR.
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.
