Crestwood Retail Center :: FOR SALE

Shopping Center for Sale
Sale Pending/Contingent
Catylist Listing ID: 30044538
Property Subtypes: Community Center, Neighborhood Center, Strip Center
Status: Pending/Contingent
Building Size (RSF): 9,312 SF
Gross Building Area: See Agent
Sale Price: $895,000
Unit Price: $96.11 PSF
Property Use Type: Investment
Building Name: Central Pointe Shopping Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 6/24/2017

Overview / Comments

Attention investors, now offering this 100% occupied Crestwood KY retail center now available for sale. Located in the heart of Crestwood with great exposure of Hwy 22, just outside of Louisville Metro, this retail center has experienced strong occupancy and there is great value-add opportunities. With great tenants, this retail center in located in one of the fastest growing sub-markets in the area.

Existing tenants include the following;

:: El Nopal Mexican Restaurant & Bar (4,500 SF)
:: All About Hair Salon (1,500 SF)
:: Cox's Smoker's Outlet (1,500 SF)
:: Time Warner / Spectrum Cable Services (1,500 SF)

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Oldham
Zoning: C-2 - Commercial District
Retail Clientele: General, Family
Property Visibility: Excellent
Property Condition: Excellent
Year Built: 1987

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,876 24,176 71,512
Median Age: 37.99 38.12 38.29
Households: 738 8,514 25,906


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