For Sale
Request a price523 Main St Scottsville, KY 42164
High-yield, multi-tenant retail center
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Stable income producing shopping center with a 7.34% pro-forma cap rate and 97% occupancy.
- Below-market rents present significant upside potential.
- Value-add opportunities exist through lease-up and rent increases.
- Adjacent one-acre land parcel allows for future expansion.
- Long-term tenants, including Dollar Tree and Subway, provide consistent cash flow.
- Excellent visibility and accessibility in a central Scottsville, KY location.
Property Details for 523 Main St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 21,890 SF
- Year Built
- 1960
- Buildings
- 3
- Stories
- 1
- Lot Size (sq. ft)
- 115,434 SF
- Units
- 11
Location Insight
- City
- Scottsville
- County
- Allen
- State
- Kentucky
- Latitude
- 36.75252569
- Longitude
- -86.18468943
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-yield, multi-tenant retail center
- Where is the lifestyle center located?
- The property is located at 523 Main St Scottsville, KY.
- What are key features of this property?
- This property features: Stable income producing shopping center with a 7.34% pro-forma cap rate and 97% occupancy.; Below-market rents present significant upside potential.; Value-add opportunities exist through lease-up and rent increases.
- How can I contact the broker?
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