Fully Leased Retail Center in Shelbyville

Retail-Commercial for Sale
Catylist Listing ID: 30809010
Property Subtypes: Restaurant, Retail-Pad, Other
Building Size (RSF): 11,900 SF
Gross Building Area: See Agent
Sale Price: $4,000,000
Unit Price: $336.13 PSF
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN)
Building Name: Mt Eden Retail Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2022

Overview / Comments

Newly constructed in 2020, the retail center is fully leased with anchor tenants Buffalo Wings & Rings and Biggby Coffee. Zoning is Interchange Commercial. US-53 (Mt Eden Road) is currently being expanded to four lanes to accommodate traffic congestion between I-64 and US-60. Approximately .5 miles from I-64 and 1.2 miles to US-60.
All leases are NNN.
Property is located near new residential developments under construction and existing neighborhoods.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Shelby
Tax ID/APN: S13-01-001
Zoning: C - Commercial
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: US-53 Mt Eden Road
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 2020
Zoning Description: Interchange Commercial Zones are uses that are adjacent and near to interstate highways.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,258 17,920 22,858
Median Age: 32.73 34.52 36.01
Households: 1,183 6,591 8,441

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