Catylist ID:
#30806558
Neighborhood Retail Center 100% Leased For Sale
Shopping Center
for Sale
| Catylist Listing ID: | 30806558 |
| Property Subtypes: | Community Center, Mixed Use, Neighborhood Center, Net Leased, Power Center, Strip Center, Other |
| Building Size (RSF): | 14,389 SF |
| Gross Land Area: | 0.73 Acres |
| Sale Price: | $1,500,000 |
| Unit Price: | $104.25 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Business |
| Building Name: | Park Centre Plaza |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/26/2023 |
Overview / Comments
|
Investment Buyers, this one is for you! This well-maintained 100% Leased Retail Shopping Center /Investment Opportunity is available, located at the high traffic corner of 8th Street and W. Broadway with proximity to the downtown YMCA, The Brown Hotel/Theater and across from the LG&E building with ample parking and excellent visibility. This multi-tenant property has a strong tenant mix, some who have been in the center for more 7-10 years- which includes a Cricket mobile phone store, barber shop, nail salon, Nurse Practitioner group/ health care specialists, Peach Cobbler Factory, Hair Stylist, and financial service provider. *Peach Cobbler may be changing their use. Contact listing agents for details on the leases and more information. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Submarket Type: | Central Business District |
| Tax ID/APN: | 013J01140000 |
| Zoning: | C-3 - Commercial District |
| Retail Clientele: | General, Family, Business, Traveler, Recreation, Other |
| Property Located Between: | 8th Street and Roy Wilkinson Avenue |
| Property Visibility: | Excellent |
| Largest Nearby Street: | W Broadway |
| Feet of Frontage: | 189 |
| Traffic/Vehicle Count: | 24,457 |
| Highway Access: | Easy access to I-64 via Roy Wilkinson Avenue |
| Airports: | Louisville International Airport |
| Site Description: | 100% occupied, multi-tenant retail center with solid tenant mix, high traffic counts and excellent visibility. |
| Area Description: | Busy Commercial /Office area of W Broadway, just down from the Courier Journal and across from the LG&E building, zoned C-3. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Year Built: | 1997 |
| Roof Type: | Other |
| Parking Type: | Surface |
| Parking Description: | 28 Parking spaces, Surface Lot |
| Total Parking Spaces: | 28 |
| Zoning Description: | C-3 zoning |
| Lot Frontage: | 189 |
| Water Service: | Municipal |
| Sewer Type: | Storm |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 23,017 | 137,461 | 301,854 |
| Median Age: | 35.55 | 35.45 | 37.01 |
| Households: | 10,336 | 59,369 | 130,248 |
Contact
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