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3000 Mall Rd
Florence, KY 41042
Former Sears at Florence Mall · Retail Property For Sale

Investment Highlights

  • The former Sears box is situated at the north end of Florence Mall. The mall consists of 963,727 SF and is anchored by Macy’s, J.C.Penny, and Cinemark
  • The former Sears box is located in the center of Florence’s retail corridor which boasts over 3.5 million sf of retail
  • The property’s current zoning and REA allow a substantial amount of flexibility for re-tenanting the building or redeveloping it to its highest and be
  • Located 20 minutes from Cincinnati, the former Sears box at Florence Mall is conveniently placed next to I71/I75 interchange (136,670 VPD) and Route 3

Executive Summary

CBRE is pleased to present, as the exclusive advisor, the opportunity to acquire a 100% fee simple interest in the former Sears at Florence Mall. The Property is on ±12.00 acres with a ±157,893-square foot, former Sears building connected to the north end of Florence Mall. Located in Florence, Kentucky, the former Sears box presents a tremendous opportunity for future investors to acquire and re-tenant the existing building or for an owner/user to reimagine the space for their desired use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
157,893 SF
Building Class
B
Year Built
1976
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
12.00 AC
Parking
750 Spaces (4.75 Spaces per 1,000 SF Leased)

Sustainability

Energy Star Certified
76
ENERGY STAR certified buildings save energy and help protect the environment.

Sustainability

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

Property Taxes

Property Taxes

Parcel Number
062.00-25-001.01
Land Assessment
$3,600,000
Improvements Assessment
$1,150,000
Total Assessment
$4,750,000
  • Listing ID: 34354718

  • Date on Market: 1/3/2025

  • Last Updated:

  • Address: 3000 Mall Rd, Florence, KY 41042

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