7606 Mall RdFlorence, KY 41042

Property Details for 7606 Mall Rd

Year built

1991

Lot size

10.00 AC

Property size (Sq ft)

53,436 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

062.00-25-003.10

APU

62002500310

Description

This exceptional retail opportunity is located at 7606 Mall Rd, Florence, KY 41042, within the vibrant Village at the Mall. The property, built in 1991, offers a single, immediately available space totaling 4,000 square feet. This is a minimum divisible space, with a maximum contiguous space also of 4,000 square feet. The total building size is a substantial 92,614 square feet, indicating a well-established and thriving retail center. The property benefits from a strong national tenancy and enjoys a location in the heart of Florence's bustling retail corridor, boasting low tenant turnover and excellent local management. This prime location places the property in close proximity to major retailers such as Florence Mall, Macy's, Kroger Marketplace, Costco, and TJ Maxx, ensuring high visibility and significant foot traffic. The space is ideal for a variety of retail uses and presents a compelling investment opportunity for businesses seeking a strategic presence in a high-demand area. Contact for pricing and further details.

• CAP approach

  CAP return

  Valuation

  6%

  $11,600,099

  6.5%

  $10,707,784

  7%

  $9,942,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,723,266

  Geo Method

  $16,723,266

• Alternative Use

  Use

  Valuation

  Residential

  $9,032,416

  Hospitality

  $8,273,644

  Educational

  $6,883,575

  Medical

  $7,120,312

  Retail

  $10,707,784

Location Insight

City

Florence

County

Boone

State

Kentucky

Latitude

38.9998

Longitude

-84.6519

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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