Unique Etown Retail for Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30854383 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Retail-Pad, Street Retail
|
| Building Size (RSF): |
6,600 SF
|
| Gross Land Area: |
0.80 Acres
|
| Sale Price: |
$899,000 |
| Unit Price: |
$136.21 PSF |
| Is Quick-Service Restaurant? |
Yes |
| Has Drive-Thru? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
9/27/2023 |
Overview / Comments
Caliber Commercial Properties is pleased to present this unique retail site for sale at $899,000. This is a value add property with tons of potential and is an active investors dream. Below market rents with short term leases could provide significant upside in the near future. Due to the prime location, this property has endless potential in the high demand growing market of Elizabethtown.
Pizza Hut Building: 3,600 SF
Back Building: 3,000 SF
Please reach out for financial information.
|
Current Tenants
| Tenant Business Name |
Pizza Hut |
| Tenant Business Name |
Serenity Club |
| Tenant Business Name |
Unlock Escape |
| Tenant Business Name |
Rosenwald |
Additional Details
| Nearest MSA: |
Elizabethtown-Fort Knox |
| County: |
Hardin |
| Tax ID/APN: |
220-40-05-029 |
| Zoning: |
C-3 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
N Mulberry St |
| Feet of Frontage: |
150 |
| Highway Access: |
1 mile from I-65 |
| Site Description: |
This property is very unique in the sense that there are two buildings. The main building containing the Pizza Hut is a former Hardees building that has been converted. The building in the back is a flex style building with two different groups occupying the space evenly. The lot is good size in width and depth and provides plenty of parking for all the tenants. Frontage on N Mulberry is unmatched for the market. |
| Area Description: |
Property is located on the 4 lane road of N Mulberry which connects I-65 to downtown Elizabethtown. The property is just a mile from the interstate where there is an abundance of national tenant retailers and significant traffic counts. Etown is one of the fastest growing submarkets in the state and is currently developing the 6 billion dollar Blue Oval Battery Park which will provide advanced batteries for Ford and Lincoln automobiles. This development will bring 5,000 high paying jobs to the area increasing demand and consumer spending. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Construction/Siding: |
Brick |
| Exterior Description: |
Building A: Brick/Stucco with Rubber membrane roof (New)
Building B: Flex style with metal exterior and roof |
| Total Parking Spaces: |
35 |
| Parking Type: |
Surface |
| Parking Description: |
Ample parking on both sides |
| Interior Description: |
Both buildings are fully built out and occupied |
| Zoning Description: |
C-3 Commercial |
| Lot Frontage: |
150 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,152 |
25,037 |
42,710 |
| Median Age: |
35.91 |
36.34 |
37.18 |
| Households: |
1,409 |
10,630 |
17,056 |
|
© 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.
|
