9411 Smyrna Parkway

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30138720
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Street Retail
Status: Pending/Contingent
Building Size (RSF): 16,310 SF
Gross Building Area: See Agent
Gross Land Area: 2.15 Acres
Sale Price: $1,095,000
Unit Price: $67.14 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.11%
Average Occupancy Rate: 100
Last Updated: 8/9/2017

Overview / Comments

Attention investors, now offering this 100% occupied Smyrna Parkway retail center now available for sale. Located just a quarter mile off the Gene Snyder's Smyrna Parkway exit, this well-positioned retail center has experienced strong occupancy while simultaneously presenting prospective buyers with immediate and easily implementable value-add opportunities. This great tenant base is located in one of the fastest growing sub-markets in the area.

This rare offering enjoys a buyer friendly cap rate, and is ideal for experienced retail buyers, entry level investors in the retail market as well as those seeking a 1031 exchange.

Strong financials- available upon request.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 066202600000
Zoning: C-1 - Commercial District
Retail Clientele: General, Family
Property Visibility: Good
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Total Parking Spaces: 90
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,568 85,548 165,286
Median Age: 37.21 37.25 36.93
Households: 2,494 33,578 64,484
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