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Former Sears at Florence Mall 3000 Mall Rd

97,219 SF 100% Leased Retail Building Florence, KY 41042 For Sale

Investment Highlights

  • The former Sears box is situated at the north end of Florence Mall. The mall consists of 963,727 SF and is anchored by Macy’s, J.C.Penny, and Cinemark
  • The former Sears box is located in the center of Florence’s retail corridor which boasts over 3.5 million sf of retail
  • The property’s current zoning and REA allow a substantial amount of flexibility for re-tenanting the building or redeveloping it to its highest and be
  • Located 20 minutes from Cincinnati, the former Sears box at Florence Mall is conveniently placed next to I71/I75 interchange (136,670 VPD) and Route 3

Executive Summary

CBRE is pleased to present, as the exclusive advisor, the opportunity to acquire a 100% fee simple interest in the former Sears at Florence Mall. The Property is on ±12.00 acres with a ±97,219-square foot, former Sears building connected to the north end of Florence Mall. Located in Florence, Kentucky, the former Sears box presents a tremendous opportunity for future investors to acquire and re-tenant the existing building or for an owner/user to reimagine the space for their desired use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Department Store
Building Size
97,219 SF
Building Class
B
Year Built
1976
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
12.00 AC
Parking
750 Spaces (7.71 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Great Steak & Potato Company
China Max
Olive Garden
Skyline Chili
Kroger Liquor
First Watch
U.S. Bank
Starbucks
Quaker Steak & Lube
City Barbeque

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
062.00-25-001.01
Land Assessment
$3,600,000
Improvements Assessment
$1,150,000
Total Assessment
$4,750,000
  • Listing ID: 34354718

  • Date on Market: 1/3/2025

  • Last Updated:

  • Address: 3000 Mall Rd, Florence, KY 41042

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