Retail Building for Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30790000
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Status: Pending
Building Size (RSF): 14,400 SF
Gross Building Area: See Agent
Sale Price: $999,000
Unit Price: $69.38 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

Form G is pleased to offer for sale this retail commercial property on Greenwood Road at the Dixie Highway interchange. This offering is a great opportunity for a owner/occupant to acquire a well-maintained commercial property with value add upside.

Listing Details Include:
<> 14,400/sf fully built out commercial property
<> 4,400/sf of former medical retail space
<> 10,000/sf grocery/convenience store on a newly executed 5 year lease with a landlord termination option
<> Roof, mechanicals, and structure have been well maintained by seller
<> Ample parking for any use
<> Excellent value add opportunity for owner/occupant to occupy one suite and lease out the other suite
<> Great visibility to both Greenwood Road and Dixie Highway
<> Great access from both Greenwood Road and Dixie Highway
<> Traffic counts 60,000+/VPD

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 103205560000
Zoning: C-1 - Commercial District
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Dixie Highway
Traffic/Vehicle Count: 60,000
Site Description: General business.
Area Description: General business.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1987
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block construction commercial building.
Parking Type: Surface
Parking Description: Ample
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Grocery retail. Medical retail.
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Access easement with adjacent properties.
Land Ownership: Of Record
Legal Description: Of Record

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,141 84,539 181,009
Median Age: 39.84 38.81 37.35
Households: 4,542 33,630 72,396
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