4100 Towne Center DrLouisville, KY 40241

Property Details for 4100 Towne Center Dr

Year built

1998

Lot size

19.84 AC

Property size (Sq ft)

240,370 SF

Zone code

C2-COMMERCIAL

Property type

Retail space

APN

21W00201050000

APU

21W00201050000

Description

Exceptional retail opportunity available within a busy Louisville, KY Meijer store at 4100 Towne Center Dr, zip code 40241. Three spaces are available, ranging from 320 to 610 contiguous square feet, with a total of 1,440 square feet currently vacant within a 1,981 square foot building. These prime, front-of-store locations offer unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities. Branding opportunities include both interior and exterior signage. The property is situated in a thriving trade area with a desirable customer base in Jefferson County. Ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. This "store-within-a-store" concept provides significant advantages in terms of foot traffic and exposure, making it a highly attractive retail location.

• CAP approach

  CAP return

  Valuation

  6%

  $58,596,748

  6.5%

  $54,089,304

  7%

  $50,225,784

• Comparable approach

  Method

  Valuation

  Relative Method

  $52,141,444

  Geo Method

  $52,141,444

• Alternative Use

  Use

  Valuation

  Residential

  $45,626,352

  Hospitality

  $41,793,492

  Educational

  $34,771,696

  Medical

  $35,967,548

  Retail

  $54,089,304

Location Insight

City

Louisville

County

Jefferson

State

Kentucky

Latitude

38.2988

Longitude

-85.5541

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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