101 Whittington Parkway

Shopping Center for Sale
Catylist Listing ID: 30679407
Property Subtypes: Strip Center
Building Size (RSF): 14,189 SF
Gross Building Area: See Agent
Gross Land Area: 1.02 Acres
Sale Price: $3,700,000
Unit Price: $260.77 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2021

Overview / Comments

Ideal property for a business that wants to owner their own property with additional tenants generating rental income! This (3) tenant property is currently leased to (2) tenants with 10-year net lease terms. The property was built in 1977 and renovated in 2018. Located just off of the corner of Shelbyville Road and Whittington Parkway with multiple ingress/egress points. In addition to the 101 Whittington Parkway center, the Hurstbourne Town Center development includes 343,444 SF of Class A office space, a brand new 127-key Hyatt House hotel and a new 266-unit Class A apartment community, giving this property excellent daytime and evening population demographics.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 187700220000
Zoning: C-2 - Commercial District
Area Description: Just off the corner of Shelbyville Road and Whittington Parkway. Less than two miles from I-64 and I-264, (2) one million SF malls and the 627-acre Bluegrass Commerce Park.
Year Built: 1977
Year Renovated: 2018
Parking Type: Surface
Lot Frontage: 150'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,143 93,213 231,351
Median Age: 43.53 41.2 40.68
Households: 5,991 41,421 99,554

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