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1045 Vandercar Way - Merchants Square - Lot 21, Florence, KY

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1045 Vandercar Way - Merchants Square - Lot 21

Florence, KY 41042 - Cincinnati Intl Airport Submarket

(4.6 MB)

Property Type:Land Parcel Size:2.15 Acres
For Sale Price:$625,000 Price/Acre:$290,698 Price/SF:$6.67

Proposed Use:-

On-Site Improv:-

Strategically located corner lot across from Wal-Mart Marketplace, in the center of one of the busiest commercial districts in the region. Excellent exposure for retail, office, medical or other service users. One acre has a pre-approved development plan for a commercial structure. Very strong demographics, with 60,000 population within 3 mile radius with a median household income of $62,000. 57.5% of homes are owner occupied.

Vandercar Way is just off of Houston Road, between Turfway Road and Burlington Pike. Both have nearby full interchanges with combined Interstates 75 &71. The Greater Cincinnati/Northern Kentucky International Airport is close by.

Sale Notes:
Approximately 2 acres in two parcels on corner lot next to busy Florence Walmart. Zoned commercial with many retail and office possibilities. Florence would also allow a hotel use. Owners would prefer to sell but would consider BTS/lease options, joint venture, etc. Sellers operate a regional breakfast franchise and would assist a franchisee in starting a 3500-4000 sq. ft. restaurant on-site.

Options include: Outright Sale, Sale and Leaseback, Build to Suit, Joint Venture Development

The property is located just off Interstate 75/71 in the great Florence, KY trade area, just south of Cincinnati. It is a corner lot just across from Walmart. Site is less than 20 minutes from downtown Cincinnati.

SVN RICORE Investment Management, Inc
Joe Gilligan
(513) 272-6800

Zach Schunn
(513) 272-6800

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