755 Broadway StLawrenceburg, KY 40342

Property Details for 755 Broadway St

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.46 AC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

50-11A

APU

5011A

Description

West Park Plaza, located at 755 W Broadway St, Lawrenceburg, KY 40342, offers exceptional retail and restaurant opportunities. This Class B shopping center boasts a total of 64,000 square feet and features multiple tenancies. Currently, there are spaces available ranging from a minimum of 1,562 square feet to a maximum contiguous space of 2,800 square feet. The property underwent renovations in 2018. Benefit from a prime location at the intersection of US 127 By-pass and US 62, providing convenient access for customers from Frankfort, Harrodsburg, and Danville. Enjoy excellent visibility and high traffic counts due to its strategic placement. Strong anchors include Dollar General, McDonald's, Pizza Hut, Workout Anytime, and Tractor Supply, creating a vibrant and attractive shopping destination. This is an ideal opportunity for businesses seeking a well-established location with significant foot traffic and strong neighboring tenants. The property is suitable for a variety of uses, including retail, restaurant, office, salon, and childcare facilities. The available spaces are ready for immediate occupancy. Contact us today to learn more about leasing opportunities at West Park Plaza.

• CAP approach

  CAP return

  Valuation

  6%

  $5,473,907

  6.5%

  $5,052,837

  7%

  $4,691,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,360,948

  Geo Method

  $4,346,675

• Alternative Use

  Use

  Valuation

  Residential

  $4,262,257

  Hospitality

  $3,904,204

  Educational

  $3,248,252

  Medical

  $3,359,965

  Retail

  $5,052,837

Location Insight

City

Lawrenceburg

County

Anderson

State

Kentucky

Latitude

38.0214

Longitude

-84.9081

CBSA code

23180

CBSA name

FRANKFORT, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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