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: |
1/21/2021 |
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.
|
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' |
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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