Catylist ID:
#30854897
Retail Investment - Value Add
Shopping Center
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30854897 |
| Property Subtypes: | Neighborhood Center, Strip Center, Other |
| Status: | Pending/Contingent |
| Building Size (RSF): | 47,847 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 4.89 Acres |
| Sale Price: | $2,399,000 |
| Unit Price: | $50.14 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 9.11% |
| Last Updated: | 9/29/2023 |
Overview / Comments
|
<> 47,847/SF COMMERCIAL PROPERTY ON 4.89 ACRES <> ANCHORED BY WINNER’S CIRCLE GAMING (CAESAR’S) - LONG TERM LEASE (EXPIRES 2029) - CAESAR'S CORPORATE GUARANTEE NYSE: CZR <>VALUE ADD STRIP CENTER <> STABLE RENT ROLL <> CENTRALLY LOCATED IN HIGH TRAFFIC AREA <> ONE HALF MILE FROM I-65 AND EASTERN BLVD. INTERCHANGE |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Clark |
| Tax ID/APN: | 101401801640000012 |
| Zoning: | EBCZ |
| Retail Clientele: | General, Family, Business, Tourist, Recreation, Casino |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Eastern Blvd. |
| Traffic/Vehicle Count: | 24,000 |
| Highway Access: | i-65 |
| Site Description: | General business |
| Area Description: | General business |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Roof Type: | Flat |
| Parking Type: | Surface |
| Zoning Description: | EBCZ |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | Of Record |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,499 | 87,662 | 227,087 |
| Median Age: | 37.04 | 37.7 | 37.2 |
| Households: | 3,973 | 36,596 | 97,972 |
Contact
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