11317 State Highway 1056McCarr, KY 41544
Kentucky Shopping Center, High Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- 44,448 SF Class B retail property in McCarr, KY.
- Strong anchor tenants including Quality Foods (22-year history, $6M+ 2023 sales) and Dollar Tree/Family Dollar (8-year lease extension).
- 67% occupancy with several small vacant units and one 5,000 SF space available.
- Asking price: $980,000 ($22.05/SF), 8.00% cap rate based on $78,382 NOI.
- Significant upside potential through leasing vacant space at $8/SF, potentially yielding a 23% pro forma cap rate.
Property Details for 11317 State Highway 1056
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 44,448 SF
- Class
- B
- Year Built
- 1988
- Stories
- 1
Location Insight
- City
- McCarr
- County
- Pike
- State
- Kentucky
- Latitude
- 37.6194728
- Longitude
- -82.16615
Nearby Comparable
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].