National City Tower
101 South 5th Street, Louisville, KY 40202
Property Overview
National City Tower was built in 1972 and contains 723,300 square feet on forty floors. The property is situated on a 2.58 acre site on the northwest corner of the prominent intersection of Fifth and Main Streets in close proximity to the Ohio River, evolving Main Street Corridor and all other Class A Central Business District (CBD) buildings. The building is among the tallest in the city and has commanding views in all directions. National City Tower provides easy access to Louisville International Convention Center, the Louisville Medical Center and Center arena. Bounded by Fourth, Fifth, Market and Main streets, the Property is accessible via three primary interstates (I-71, I-64 and I-65), which provide short commute times to Louisville’s most affluent residential neighborhoods as well as the Louisville International Airport.
Investment at a Glance
Location: Louisville, KY
Property Type: Class A Office
Acquisition Date: December 17, 2010
Purchase Price: $115,000,000
Sale Date: February 13, 2015
Sale Price: $127,250,000
No. of Buildings: 1
No. of Stories: 40
Square Footage: 723,300 SF
Year Built: 1972
Leased Percentage (at the time of Acquisition): 96%
