10,000 SF Retail Center

Shopping Center for Sale
Catylist Listing ID: 30795351
Property Subtypes: Strip Center
Building Size (RSF): 9,920 SF
Gross Building Area: See Agent
Sale Price: $1,900,000
Unit Price: $191.53 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2024

Overview / Comments

This shopping center is located in a high traffic, high visibility location in Frankfort. Convenient to downtown, Capital City Airport, and Interstate 64. The building is approximately 10,000 square feet, built in 1999. The only loadbearing walls are the exterior walls. All walls are over-engineered steel studs. Roof is composition shingle replaced in July 2015. All HVAC equipment is original and in good working order. Filters have been replaced 2X per year since installation. Gas heat and electric A/C. Parking lot is approximately 31 parking spaces. Parking lot lights are LED. Drop with acoustical tile ceiling. Roof is wood rafters and deck, pitched. There is an ag meter for irrigation of landscape and washing the front of the building/glass.

Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 049-40-10-002.00
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,402 23,188 42,015
Median Age: 42.93 36.98 39.25
Households: 2,496 9,950 17,787

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