7488 SF - Retail / Commercial - High Traffic

Retail-Commercial for Sale
Also listed as Shopping Center, Special Purpose
Catylist Listing ID: 30809568
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 7,488 SF
Gross Land Area: 0.80 Acres
Sale Price: $1,300,000
Unit Price: $173.61 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Aaron's
Usable Size (USF): 7,488 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 3/28/2023

Overview / Comments

High Traffic Location with Great Visibility.
Paved parking with easy ingress/egress.
Formerly Aaron's Furniture/Electronics/Appliances.
Large open space can accommodate many different business uses.
Seller will consider Sale and Lease options. Potential exchange opportunity.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-19-01-000-590.000-010
Retail Clientele: General, Family, Business, Recreation, Other
Property Located Between: Harmony Lane & Reeds Lane
Property Visibility: Excellent
Largest Nearby Street: Tenth Street - Highway 62
Feet of Frontage: 175
Highway Access: West to I-65 & East to I-265
Airports: Clark County Airport & Louisville International SDF
Site Description: Great level paved with easy Ingress-Egress
Area Description: Tenth Street Corridor with updated roadway and lighting
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,488 SF
Property Condition: Excellent
Year Built: 1996
Year Renovated: 2002
Parking Type: Surface
Parking Description: Paved parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: C-1 Commercial with 10th Street Corridor overlay
Lot Frontage: 175
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Parcel #10-19-01-000-590.000-010 GT 10 .803 AC BY DEED

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,673 69,471 214,712
Median Age: 38.67 38.58 38.02
Households: 5,795 30,223 93,551
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