Retail

2028 KY-53


2028 KY-53
La GrangeKY 40031

2028 KY-53

Retail: Mixed Use

2028 KY-53, La GrangeKY 40031

Details

Rentable Space
13,592 SF
Land
0 Acre
Zoning
C-3
Lot Depth
90 ft
Lot Width
170 ft
Building Status
Existing
Number of Buildings
1
Year Built
1996
Year Renovated
2011
Number of Floors
1
Clear Height (Max)
14 ft
Total Parking
300
Parking Ratio
20
Occupancy Type
Single Tenant
Water Utility Available
Yes
Sanitary Sewer Utility Available
Yes
County
Oldham

Current Listings

100% OCCUPIED RETAIL CENTER

13,592 SF$3,125,000
Cap Rate: 6.5%
Howe Real Estate

HOWE Real Estate is pleased to present the sale of the 2028 S Hwy-53, a 13,592 SF retail strip center located in La Grange, KY, and adjacent to Kroger. The property is located just off Interstate 71, about 25 miles northeast of Louisville, Kentucky and less than 100 miles southwest of Cincinnati, Ohio.

This 100% occupied center, with 7 tenants, offers potential investors the ability to acquire an exceptional retail center with stable returns and minimal maintenance.

No lease renewals in place with established tenants will allow a new LL an exceptional opportunity to add value!

Howe Real Estate

HOWE Real Estate is pleased to present the sale of the 2028 S Hwy-53, a 13,592 SF retail strip center located in La Grange, KY, and adjacent to Kroger. The property is located just off Interstate 71, about 25 miles northeast of Louisville, Kentucky and less than 100 miles southwest of Cincinnati, Ohio.

This 100% occupied center, with 7 tenants, offers potential investors the ability to acquire an exceptional retail center with stable returns and minimal maintenance.

No lease renewals in place with established tenants will allow a new LL an exceptional opportunity to add value!

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: KCREA

More Information

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