Former Kroger Big Box for Sale

Shopping Center for Sale
Catylist Listing ID: 30823685
Property Subtypes: Community Center, Free-Standing Store, Grocery-Anchored, Neighborhood Center, Strip Center, Other
Building Size (RSF): 58,729 SF
Gross Building Area: See Agent
Gross Land Area: 3.78 Acres
Sale Price: $3,750,000
Unit Price: $63.85 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2022

Overview / Comments

Opportunity to purchase a great redevelopment site on Grantline rd in New Albany, IN. Located minutes from the interstate and surrounded by healthcare, retail, and industrial assets. This building also has tremendous signage opportunity facing Grantline Rd.

Current tenants in the building are Goodwill and Plaza Laundry. The old Kroger box is 36,932 SF, and is also currently being offered for lease.

Please message agents for more details on current income and expenses.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-06-200-008.000-008
Zoning: HIGHWAY COMMERCIAL
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,594 59,460 124,950
Median Age: 38.71 38.6 38.32
Households: 4,007 24,800 50,327
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