VANTAGE PLAZA SHOPPING CENTER- JEFFERSONTOWN-FOR SALE

Shopping Center for Sale
Catylist Listing ID: 30720345
Property Subtypes: Neighborhood Center
Building Size (RSF): 20,584 SF
Gross Land Area: 3.05 Acres
Sale Price: $3,400,000
Unit Price: $165.18 PSF
Property Use Type: Investment
Building Name: VANTAGE PLAZA
Sale Terms: Cash to Seller
Cap Rate: 8.09%
Last Updated: 3/31/2021

Overview / Comments

Modern retail center adjacent to Walmart Neighborhood Market. Great visibility and traffic exposure due to McDonalds on outlot, Walmart, retail and professional services on both sides and across street. Steel and masonry construction. National Tenants. Average household income within 3 miles -$72,000.
Seller reserves the right to respond to multiple LOIs. One member of seller's LLC is a licensed real estate agent in Kentucky.

TENANTS: Domino's
Cookie Dough Bliss
Classy Nails
Great Clips
China King
Buttons and Bows Daycare
Jackson Hewitt

ADT - 12,500

-LONG TERM TENANTS
-PERFECTLY MAINTAINED
-WALMART NEIGHBORHOOD MARKET SHADOWED
-OUT LOT CONTAINS MCDONALD'S
-BANKING AND RETAIL AREA
-SURROUNDED BY RESIDENTIAL
-NNN INVESTMENT
-RAPIDLY EXPANDING AND EXTREMELY STABLE JEFFERSONTOWN
MARKET

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: 226100180000
Tax ID/APN: 226100180000
Zoning: C-1 - Commercial District
Property Located Between: BILLTOWN AND TAYLORSVILLE
Property Visibility: Excellent
Largest Nearby Street: TAYLORSVILLE ROAD
Area Description: Walmart Neighborhood Market, McDonalds, banks, medical and professional services all available along Ruckriegel Parkway. Vantage Point Shopping center is the focal point of the Jeffersontown retail area and accessible from several directions. One mile to Bluegrass Business Park (Kentucky's largest business park). Easy signalized entry.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,619 83,067 200,785
Median Age: 35.55 39.21 39.93
Households: 3,448 33,607 84,919

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