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1812-1818 Petersburg Rd 13,888 SF 100% Leased Retail Building Hebron, KY 41048 $1,200,000 ($86.41/SF) 7.63% Cap Rate
INVESTMENT HIGHLIGHTS
- Strategic Boone County location.
EXECUTIVE SUMMARY
Introducing an exceptional opportunity for retail building investors: a 13,888 SF property with prime potential. This well-maintained building, constructed in 1978, is ideally positioned in the thriving Boone County area. Zoned C-2/SC, it offers versatile possibilities for a range of office and commercial uses. With ample space and a strategic location, this property presents a compelling investment proposition in a high demand market. Don't miss the chance to capitalize on the potential of this remarkable property and secure a valuable asset in the heart of a dynamic commercial hub.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,888 SF
Building Class
C
Year Built
1978
Price
$1,200,000
Price Per SF
$86.41
Cap Rate
7.63%
NOI
$91,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.44 AC
Zoning
C-2
Parking
19 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
204’ on Petersburg Road
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 047.00-00-078.01 | Improvements Assessment | $400,000 |
| Land Assessment | $125,000 | Total Assessment | $525,000 |
PROPERTY TAXES
Parcel Number
047.00-00-078.01
Land Assessment
$125,000
Improvements Assessment
$400,000
Total Assessment
$525,000
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1812-1818 Petersburg Rd
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