1224 Old Gallatin Rd - Supermarket FOR SALE


Scottsville, KY 42164
$3,950,000 USD
646-877-0835
1224 Old Gallatin Rd, Scottsville, KY for Sale
$3,950,000 USD
Supermarket - FOR SALE
1/4
null | 6.75% Cap Rate

1224 Old Gallatin Rd
Scottsville, KY 42164


HIGHLIGHTS

  • Consistent daily traffic
  • Surrounding national retail tenants

OVERVIEW

Scottsville Shopping Center, a ±31,800 SF grocery-anchored shopping center located along Gallatin Road in Scottsville, KY, the commercial hub for Allen County. The property is anchored by Food Lion, which has operated at the site for over three decades and recently completed a 10-year lease renewal through 2033. Strategically positioned between Bowling Green and Nashville, the center benefits from strong regional connectivity, consistent daily traffic, and surrounding national retail including Tractor Supply, Dollar General, Family Dollar, McDonald’s, Sonic, and Advance Auto Parts. Scottsville Shopping Center offers investors stable grocery-anchored cash flow supported by a top-performing Food Lion, which ranks as the #1 most visited Food Lion in Kentucky according to Placer.ai, along with recent significant capital improvements that minimize near-term capital requirements.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Food Lion

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.54 AC

LAND SF

154,202 SF

ZONING

-

APN/PARCEL ID

5-4-7

ASK ABOUT THIS PROPERTY

Jacob BaruchLegacy Realty Group AdvisorsMore Info
646-877-0835

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Jacob BaruchLegacy Realty Group AdvisorsMore Info
646-877-0835

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