181 Highway 44 E - Storefront FOR SALE


Shepherdsville, KY 40165
$1,575,000 USD
859-224-2000
181 Highway 44 E, Shepherdsville, KY for Sale
$1,575,000 USD
Storefront - FOR SALE
1/8
null | 7.5% Cap Rate

181 Highway 44 E
Shepherdsville, KY 40165


HIGHLIGHTS

  • The property provides a healthy tenant mix of national and local operators ranging from financial services to medical users.
  • The center is located on KY-44 near major retail users like Kroger, Walmart, Lowes, and more.
  • Crown Point Plaza is a 100% occupied multi-tenant retail strip center located in the heart of Shepherdsville's retail corridor.

OVERVIEW

Crown Point Plaza is a 100% occupied multi-tenant retail strip center located in the heart of Shepherdsville's retail corridor Existing leases in place provide stabilized income, while also presenting value add opportunities through NNN conversion and annual rental increases The center is located on KY-44 near major retail users like Kroger, Walmart, Lowes, and more The property provides a healthy tenant mix of national and local operators ranging from financial services to medical users Shepherdsville is an emerging industrial market with strong job and population growth due to large investments by Amazon, CRG, STAG, and Rivian

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crown Point Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,859 SF

ZONING

-

APN/PARCEL ID

415223

ASK ABOUT THIS PROPERTY

Zach SmithNAI IsaacMore Info
859-224-2000

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Zach SmithNAI IsaacMore Info
859-224-2000

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