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3215 Ballard Ln
New Albany, IN 47150
A Kids World Inc · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Low rent and price per square foot ($8.40 RSF/$81.69 PSF)
  • Area retailers include Aldi, PNC Bank, Pizza Hut, Game Stop, Kroger, Chase Bank and Dollar Tree
  • Located directly off of Grant Line Rd ( Traffic: 30,000 VPD)
  • Located adjacent to a General Mills Factory (400 Employees)
  • Property has excellent street frontage and visibility on the corner of Pillsbury LN & Ballard Lane
  • 0.5 Miles east of the Gene Snyder Freeway (Traffic: 60,000 VPD)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,568 SF
Building Class
B
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.13 AC
Parking
22 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
186’ on Ballard LN

AMENITIES

  • Signage

ABOUT 3215 BALLARD LN , NEW ALBANY, IN 47150

HMX Realty Advisors exclusively presents this single tenant daycare that consists of a 8,568 square foot building on approximately 1.13 acres. The tenant A Kids World INC. is a local childcare provider that has been serving the community for over 10 years. Subject property is located at the corner of Ballard Lane and Pillsbury Lane just 10 miles outside of Louisville, Kentucky. Other retail in the immediate vicinity includes a Kroger anchored shopping center, ALDI, Advanced Auto Parts, Chase Bank, PNC Bank and Applebee’s. LEASE SUMMARY: Annual Base Rent: $72,000 Lease Commencement Date: Feb.9.2015 Lease Expiration Date: Feb.18.2018 Lease Type: NN; Landlord responsible for taxes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-05-02-300-198.000-008
Land Assessment
$144,800
Improvements Assessment
$221,300
Total Assessment
$366,100
  • Listing ID: 18654354

  • Date on Market: 2/26/2020

  • Last Updated:

  • Address: 3215 Ballard Ln, New Albany, IN 47150

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