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217-259 Indian Mound Dr
Mount Sterling, KY 40353

Gateway Plaza · Retail Property For Sale

Retail Space Kentucky Mount Sterling 217-259 Indian Mound Dr, Mount Sterling, KY 40353

Investment Highlights

  • This shopping center includes national tenants such as JCPenney, Ollie's Bargain Outlet, and Harbor Freight.

Executive Summary

Large shopping center with 20 units and 1136 parking spaces. 90% occupied as of 6/10/19.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
161,021 SF
Building Class
B
Year Built
1988
Price
$13,450,000
Price Per SF
$84
Cap Rate
8%
NOI
$1,075,946
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.12
Lot Size
31.00 AC
Zoning
Commercial - Commercial, Retail, Office
Parking
1,036 Spaces (6.44 Spaces per 1,000 SF Leased)

Links

PROPERTY TAXES

Parcel Number 023-40-02-001.00 Improvements Assessment $0
Land Assessment $0 Total Assessment $9,750,000

PROPERTY TAXES

Parcel Number
023-40-02-001.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$9,750,000
 

  • Listing ID: 16301564

  • Date on Market: 6/10/2019

  • Last Updated:

  • Address: 217-259 Indian Mound Dr, Mount Sterling, KY 40353

More public record information on 217-259 Indian Mound Dr, Mount Sterling, KY 40353

The Retail Property at 217-259 Indian Mound Dr, Mount Sterling, KY 40353 is currently available for sale. Contact United Properties Corp. for more information.

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