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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)
Property Taxes
| Parcel Number | 062.00-25-001.01 | Improvements Assessment | $1,150,000 |
| Land Assessment | $3,600,000 | Total Assessment | $4,750,000 |
Property Taxes
Parcel Number
062.00-25-001.01
Land Assessment
$3,600,000
Improvements Assessment
$1,150,000
Total Assessment
$4,750,000
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