150-200 Town Hill Rd | Louisa, KY 41230
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- LoopNet Team
150-200 Town Hill Rd
Louisa, KY 41230
Louisa Plaza · Retail Property For Sale
Investment Highlights
- 150-200 Town Hill Rd is alarge retail asset for a new investor to acquire and implement a long-term holding pattern on.
- The dominant shopping center located at the retail node that forms along Highway 32, anchored by Family Dollar and Goody’s.
- Louisa Plaza is situated near the border of Kentucky and West Virginia, this retail node necessarily draws people to it from surrounding communities.
- 97% occupied asset with below market rents where an investor can realize an opportunity to add value by marking rents to market upon tenant renewals.
- Set in a suburban backdrop with several single-family neighborhoods, Louisa West Elementary School, Louisa Bible Training Center, and more.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
108,065 SF
Building Class
C
Year Built
1978
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
3.58 AC
Parking
334 Spaces (14.94 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 105-00-00-020.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,250,000 |
Property Taxes
Parcel Number
105-00-00-020.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,250,000
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