Veterans Pkwy Retail Center

Shopping Center for Sale
Catylist Listing ID: 30855722
Property Subtypes: Strip Center
Building Size (RSF): 20,000 SF
Gross Land Area: 1.88 Acres
Sale Price: $4,300,000
Unit Price: $215 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/24/2024

Overview / Comments

This is a great investment property for someone looking for a center in a vibrant trade area.

It would also be a great site for an owner user of a small retail establishment.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 101403300553000011
Zoning: C-1
Property Located Between: Koetter Dr and Sam Gwin Dr.
Property Visibility: Good
Largest Nearby Street: Veterans Pkwy
Highway Access: I-65
Site Description: This center sits directly next to a Wal-Mart super center and another retail center. There is a Chuy's restaurant adjacent to the property. The center has its own parking field and easy to access from the Wal-Mart drive.
Area Description: This Center is a shadow anchor of a Super Wal-Mart and Sam's Club off of Veterans Parkway. Center has some visibility from Veterans Parkway and sits just 1/4 mile from the I-65 exit 5 ramp. This is the main retail hub for all of southern Indiana and is a sub-market of Louisville, KY.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 20,000 SF
Year Built: 2010
Exterior Description: A mixture of brick and stucco materials. The building exterior is in very good condition and shows very well when you approach from the parking lot.
Parking Type: Surface
Parking Description: Plenty of surface parking with some spaces at the door of the retail spaces.
Zoning Description: This property is zoned general business-C-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,416 63,865 146,218
Median Age: 42.62 38.67 38.17
Households: 2,430 26,456 60,737

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