Overview

Highlights

• 20,602-Square Foot Strip Center with 1,500 SF of Vacancy Upside (High Visibility Unit)
• 8/10 Leases Have Less Than 1yr Left | 8yrs Avg Occupancy | $9.2 Avg Rent/SF Gross
• Potential $200k+ Upside Value in Vacancy Backfill | Min. 6 Tenants Have Never Increased Rent
• If Stabilize + 20% Base Rent Growth (Market) + Convert to NNN = Potential $1M in Value
• Priced Well Below Replacement Cost $84/SF | Military, Medical, WMT Shadow, Office, Retail
• Higher VPD Than WMT Side of Intersection | Excellent Visibility | Concrete Lot
• 30 Minutes From Largest Development Ever in KY – Ford Blue Oval SK Battery Park

Description

Lee & Associates is pleased to exclusively bring to market the Village Strip Cetter in Radcliff, KY. This property consists of 2 buildings located just a half mile from Fort Knox. It features a diverse tenant mix of military, medical & retail offices. This property shares an Intersection with a nearby remodeled Walmart Supercenter. This strip center is situated just 30 minutes from the new Ford Blue Oval SK Battery Park, which is the largest industrial development in KY history.

Location

20,602-Square Foot Strip Center with 1,500 SF of Vacancy Upside (High Visibility Unit)

8/10 Leases Have Less Than 1yr Left | 8yrs Avg Occupancy | $9.2 Avg Rent/SF Gross

Potential $200k+ Upside Value in Vacancy Backfill | Min. 6 Tenants Have Never Increased Rent

If Stabilize + 20% Base Rent Growth (Market) + Convert to NNN = Potential $1M in Value

Priced Well Below Replacement Cost $84/SF | Military, Medical, WMT Shadow, Office, Retail

Higher VPD Than WMT Side of Intersection | Excellent Visibility | Concrete Lot

30 Minutes From Largest Development Ever in KY – Ford Blue Oval SK Battery Park

Contact Broker