100% Leased Investment Property

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30223872
Property Subtypes: Mixed Use, Street Retail
Status: Pending/Contingent
Building Size (RSF): 9,600 SF
Gross Building Area: See Agent
Gross Land Area: 0.34 Acres
Sale Price: $529,000
Unit Price: $55.10 PSF
Property Use Type: Investment
Building Name: Ford Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 10/16/2018

Overview / Comments

Now offering this 100% Leased commercial investment property located at 5438 New Cut Road. The Ford Building has been newly remodeled to include new exterior facade, common areas and interior tenant suites. Great on-site parking for tenants and visitors, this corner property offers great exposure along busy New Cut Road just South of Iroquois Park.

<> Very Busy Trade Area of Auburndale
<> 24,000 daily traffic count on New Cut Road
<> Corner Property with Great Parking
<> Priced Below Tax Assessed Value

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 062N01180000
Zoning: C-1 - Commercial District
Property Visibility: Excellent
Traffic/Vehicle Count: 24,000
Tenancy: Multiple Tenants
Number of Stories: 2
Typical SF / Floor: 4,800 SF
Property Condition: Excellent
Year Built: 1960
Year Renovated: 2012
Total Parking Spaces: 24
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,428 77,649 212,200
Median Age: 37.66 36.82 37.12
Households: 5,750 31,426 86,153
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.