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Price reduced! 148,000 SF Value Add Available 9070 Dixie Hwy 148,314 SF 100% Leased Retail Building Louisville, KY 40258 For Sale
Investment Highlights
- ALL TROUBLESOME RESTRICTIONS ON THE CENTER ARE NOW GONE
- Ample parking
- Outlot is also available for Ground Lease or Sale: 1.29 acres
- Prime Anchor Tenant Opportunity ~ 148k sf
- High visibility
Executive Summary
All troublesome restrictions on the center are now gone. Deep value add asset on the market for investor/owner occupier. Heavy traffic of 54k ADT. Dense residential population surrounds the shopping center with a high discretionary income level. No other expansion opportunities in the market. Offered significantly below replacement cost. No deferred maintenance on property. Roof warranty through 2034.
Property Facts In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
148,314 SF
Building Class
B
Year Built
1970
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.28
Lot Size
12.00 AC
Zoning
C1 - Commercial
Parking
279 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
908’ on Dixie Highway
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 104805720000 | Improvements Assessment | $4,102,960 |
| Land Assessment | $3,147,040 | Total Assessment | $7,250,000 |
Property Taxes
Parcel Number
104805720000
Land Assessment
$3,147,040
Improvements Assessment
$4,102,960
Total Assessment
$7,250,000
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Price reduced! 148,000 SF Value Add Available | 9070 Dixie Hwy