Standiford Plaza - Louisville, KY

Shopping Center for Sale
Catylist Listing ID: 30729439
Property Subtypes: Neighborhood Center, Strip Center
Building Size (RSF): 10,400 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 SF
Sale Price: $1,900,000
Unit Price: $182.69 PSF
Property Use Type: Investment
Building Name: Standiford Plaza
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/17/2021

Overview / Comments

Hogan Real Estate is pleased to present for sale Standiford Plaza, a 10,400 square foot neighborhood retail center located on Preston Highway in Louisville, Kentucky. Anchored by an 86,000 square foot Kohl’s and shadow-anchored by a 204,000 square foot Walmart Supercenter, the center was constructed in 2002 on a 1.02 acre site.
Standiford Plaza provides an opportunity for occupiers and investors alike with a longstanding tenancy. CATO and Sally Beauty are original tenants (since 2002) and renewed their leases extending terms to 2024 and 2022, respectively. Big A Chiropractic has recently signed a 5 year lease bringing the center to 100% occupancy.
As Kohl’s continues to thrive in today’s e-commerce environment, Standiford Plaza will remain a vibrant retail center in a growing regional trade area.

Attachments & Media

Current Tenants

Tenant Business Name Cato
Tenant Business Name Sally Beauty Supply
Tenant Business Name Edward Jones
Tenant Business Name Big A Chiropractic

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 009001850000
Zoning: C-1 - Commercial District
Property Located Between: Located in Southern Louisville between Preston Highway and Mt. Washington Rd.
Largest Nearby Street: Preston Highway
Traffic/Vehicle Count: 21,100
Site Description: Standiford Plaza is a 10,400 square foot neighborhood retail center situated on one parcel comprising 1.02 acres in the Hillview neighborhood of Louisville, Kentucky. The retail center was completed in 2002.
Area Description: Hillview, located in Southern Jefferson County and Northern Bullitt County, is a part of the Louisville, Kentucky MSA, and is situated along Preston Highway (Hwy 61). Preston Highway is a major north-south thoroughfare that intersects both Interstate 264 and Interstate 265, Louisville’s beltways. The full Interstate 265 exchange is located less than two miles from Standiford Plaza.
Year Built: 2002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,509 61,662 134,874
Median Age: 34.6 36.88 37.68
Households: 4,628 23,612 52,423

Contact

Photograph of Listing Agent

Justin R Phelps

Hogan Real Estate KCREA Member
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