104 Pedro Way - Freestanding FOR SALE


Winchester, KY 40391
$3,543,000 USD
214-560-6900
104 Pedro Way, Winchester, KY for Sale
$3,543,000 USD
Freestanding - FOR SALE
1/8
null | 8.5% Cap Rate

104 Pedro Way
Winchester, KY 40391


HIGHLIGHTS

  • Signalized, Hard Corner Intersection | High Traffic Area | Easy Access To I-64 | Drive-Thru Equipped
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Kroger Plaza Shopping Center | Near National/Credit Tenants
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The Walgreens is currently subleased to Popshelf and has over 3 years of term remaining • The asset is located at the signalized, hard-corner intersection of Pedro Way and Highway 1958, with an average of 25,800 VPD, providing multiple points of egress and ingress • The site benefits from easy access to Interstate 64, which carries approximately 45,100 vehicles per day, driving strong consumer traffic to the property

FOR SALE DETAILS

PRICE

$3,543,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens (Subleased to Popshelf)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

PD

APN/PARCEL ID

043-0000-00310

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.