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: 8.31%
Last Updated: 11/15/2018

Overview / Comments

Excellent investment opportunity at 105 Settlers Center Rd.

35,500 Sq. Ft. shopping center with approximately 92% occupancy.
Strong tenant mix including Dollar General, Subway, Hometown Pizza, Cash Express, Cox's Smoke Shop, Salt River Electric, China One, Fiesta Mexicana, New Image Nails, Riley's Barber Shop, and Premier Realtors. Only two spaces are vacant, 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

View FullscreenMap

Demographic Statistics

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


© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.