Investment Property For Sale. Approximate Net Income $118,000

Retail-Commercial for Sale
Catylist Listing ID: 30835399
Property Subtypes: Free-Standing Building
Building Size (RSF): 7,810 SF
Sale Price: $1,685,000
Unit Price: $215.75 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 11/16/2023

Overview / Comments

Great Location
Located at the entrance to River Falls Mall.,
NNN Retail Center
Two Tenant Fully Leased Retail Center
Established Tenants
Recent renewals
Current Lease term's run to 7/2027 & 7/2028

Two percent fee to cooperating agent.

Current Tenants

Tenant Business Name Once Upon A Child
Tenant Business Name Plato's Closet

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-14-03-200-477.000-011
Total Number of Buildings: 1
Number of Stories: 1
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,443 72,292 184,080
Median Age: 38.68 38.2 37.64
Households: 2,709 30,332 77,570


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