Shopping Center for Sale

Retail-Commercial for Sale
Catylist Listing ID: 29995620
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant
Building Size (RSF): 35,500 SF
Gross Building Area: See Agent
Sale Price: $2,750,000
Unit Price: $77.46 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 8.77%
Last Updated: 9/21/2017

Overview / Comments

Excellent investment opportunity at 105 Settlers Center Rd.

35,500 Sq. Ft. shopping center with approximately 96% occupancy.
Strong tenant mix including Dollar General, Subway, Taco Bell, Hometown Pizza, Cash Express, Cox's Smoke Shop, Seven Counties, Salt River Electric, China One, Fiesta Mexicana, New Image Nails, Riley's Barber Shop, and Premier Realtors. Only one 1,400 Sq. Ft. vacancy, remainder of the center is fully leased.

Strong financials- available upon request. Please call with questions or to arrange a tour.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Spencer
Zoning: B-1 - Neighborhood Business Zone

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,962 11,326
Median Age: 39.74 39.09
Households: 1,853 4,119

Contact

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