Lebanon, KY Shopping Center For Sale - 100% Occupied

Shopping Center for Sale
Catylist Listing ID: 30765710
Property Subtypes: Strip Center
Building Size (RSF): 3,800 SF
Gross Building Area: See Agent
Sale Price: $385,000
Unit Price: $101.32 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2021

Overview / Comments

We are pleased to present prime retail space FOR SALE just off of busy W Main Street, in the heart one of Lebanon's thriving retail areas. Just down the road from Lebanon National Cemetery and a mile from WalMart and brand new $130MM Diageo Distillery, this retail center benefits from ever-expanding Lebanon. The center is currently 100% occupied by the following tenants: Batt Healthcare Massage, Bustle and Bows Bridal Boutique, Hair Co., and Nicole's Tax Service. This retail center offers 6 units for a total of 3,800 sf, ample parking, a new roof, and excellent signage for tenants.

HIGHLIGHTS:
100% occupied
3,800 sf
Ample parking
High Traffic Area
New Roof in 2020
Gross income of $27,300

Additional Details

Nearest MSA: Campbellsville
County: Marion
Tax ID/APN: 056-040
Zoning: B-2
Retail Clientele: General, Family
Property Visibility: Excellent
Area Description: 145 Cemetery road is located just off of busy W Main Street in Lebanon, Ky. The retail center is a 1/4 mile from Lebanon National Cemetery, and just a mile from WalMart and Diageo Distillery.
Property Condition: Good
Year Built: 1999
Year Renovated: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 591 5,773 12,046
Median Age: 41.25 37.88 37.59
Households: 295 2,282 4,402
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