Absolute NNN Freestanding Investment Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30864610
Property Subtypes: Retail-Pad, Street Retail
Status: Pending
Building Size (RSF): 3,150 SF
Gross Building Area: See Agent
Sale Price: $832,000
Unit Price: $264.13 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2024

Overview / Comments

- Absolute Freestanding Retail NNN Investment Sale with current Lease expiring in April of 2027
- $62,000.00/YR Annual NOI
- Tenant has One (1) Five (5) Year Option to extend
- Strong Retail critical mass within the immediate trade area
- Excellent Traffic Count +/- 25,000 ADT
- Versatile C2 Zoning
- Great Street frontage and visibility 
- Hard corner site location with signalized access
- Existing Pylon Signage
- 18 parking spaces

Contact Agent for more details!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 104709330000
Zoning: C-2 - Commercial District
Property Visibility: Excellent
Traffic/Vehicle Count: 25,000
Tenancy: Single Tenant
Year Built: 1981
Construction/Siding: Block
Total Parking Spaces: 18
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,088 53,031 105,719
Median Age: 37.39 38.48 38.46
Households: 6,219 20,517 41,938


Photograph of Listing Agent

Scott Gilmore

HOWE Real Estate KCREA Member
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