Jefferson County East Government Center

Retail-Commercial for Sale
Catylist Listing ID: 30574773
Property Subtypes: Mixed Use, Restaurant, Street Retail, Vehicle Related, Other
Building Size (RSF): 36,350 SF
Gross Building Area: See Agent
Sale Price: $2,900,000
Unit Price: $79.78 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/10/2020

Overview / Comments

Available is a prime Middletown 36,350 SF building for sale or lease. It is located on Shelbyville Road with nearly 35,000 vehicles per day in front of the site. The building is available for lease in the late summer of 2020. Current tenants include the Jefferson County East Government Center, Middletown Branch Library, Sternberg Truck & Van Rental, and Rumors restaurant. The property is zoned C-2 and located on 4.35 acres with a large parking field. The existing pylon sign on Shelbyville Road can be expanded. The site features direct access to a signalized with right in/right out onto Shelbyville Road. This property is centrally located in the heart of Middletown and is surrounded by residential rooftops and many other retailers.

The two outlots - 0.74 acres (Sternberg Truck & Van Rental), and 0.85 acres (Rumors Restaurant) - can potentially be purchased in conjunction with the 4.35 acres parcel.

The owner is open to build-to-suit or redevelopment opportunities. Its ideal for a medical, retail, car dealership, senior living, storage, call center, or office space. The property is well maintained and in good condition.

Attachments & Media

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 164600130000
Zoning: C-2 - Commercial District
Tenancy: Multiple Tenants
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,104 54,101 165,078
Median Age: 41.26 42.8 40.38
Households: 2,052 22,549 68,527

Contact

Photograph of Listing Agent

Justin R Phelps

Hogan Real Estate KCREA Member
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