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431 W Oak Street - Winn Dixie Marketplace - Family Dollar, Louisville, KY

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431 W Oak Street - Winn Dixie Marketplace - Family Dollar

Louisville, KY 40203-3001 - Old Louisville Submarket


Property Type:Retail Sub Type:Freestanding Status:Under Renovation, delivers May 2017 Year Built:-
Building Size:9,000 SF Land Area:.74 AC (32,234 SF)
For Sale Price:$1,725,000 Price/SF:$191.67
Cap Rate:7.10 %
Parking:Free Surface spaces are available; Ratio of 4.33/1,000 SF
Features:Freeway Visibility, Pylon Sign, Signage



Sale Notes:
Corporate Guaranteed Lease NYSE (DLTR) Stock Up Approximately 170% Since 2011

Recent Lease Extension Showing Commitment to Site

Family Dollar was Recently Acquired by Dollar Tree and Combined Have Over 13,000 Locations Nationwide

Excellent Demographics with Over 250,000 Residents Within a 5-Mile Radius

Within 2-Mile Radius of the University of Louisville with Enrollment of 22,640 Students

Within .5 Miles of Spalding University with Enrollment of 2,500 Students

Significant Renovation and Expansion in 2016, Including New Roof and HVAC System

Family Dollar is Considered the Largest Small-Box Discount Retailer

Well Located with Strong Surrounding Retailers Including Rite Aid, Kroger, McDonald' s, Taco Bell, Circle K and Taco
Bell

Less Then 3-Miles from Churchill Downs, Home of the Kentucky Derby

Sands Investment Group Austin, LLC
MAX Freedman
(512) 766-2711

Elan Sieder
(844) 474-4666

  
Sands Investment Group Charleston, LLC
Doug Roland
(844) 474-4666




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