737 S 8th St - International Mall in Opportunity Zone
Retail-Commercial
for Sale
Call for Offers
| Catylist Listing ID: |
30845040 |
| Property Subtypes: |
Convenience Store, Day Care Facility, Mixed Use, Movie Theatre, Restaurant, Street Retail
|
| Building Size (RSF): |
25,550 SF
|
| Sale Price: |
$995,000 |
| Unit Price: |
$38.94 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Call for Offers: |
Yes |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
11/21/2023 |
Overview / Comments
|
Amazing opportunity to own a commercial retail space with a Triple Net lease! Cash flowing with a long term tenant that has been there since 2008. A corner lot at S 8th St and York St, this building is a great opportunity to build your portfolio with stable cashflow with major upside of appreciation. The current tenant subleases the property to a wide array of tenants, primarily international clothing companies, as well as a restaurant and small grocery/convenience store. There are two trucking bays, although not currently in use, as well as ample parking at the main entrance. The owner only deals with one lease and one tenant and that tenant takes care of everything else. This property offers low maintenance, cash flow, and huge potential. Agents - please see agent notes.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
029A00110000 |
| Zoning: |
CM - Commercial Manufacturing |
| Retail Clientele: |
General, Family, Tourist |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
369 |
| Roof Type: |
Flat |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
21,401 |
134,278 |
307,959 |
| Median Age: |
35.96 |
35.32 |
36.94 |
| Households: |
9,732 |
57,944 |
132,833 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
