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75 Wal-Mart Plaza Dr
Monticello, KY 42633

Walmart Shadow Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
20,000 SF
Building Class
B
Year Built
2001
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.92 AC

About 75 Wal-Mart Plaza Dr , Monticello, KY 42633

WALMART SUPERCENTER SHADOW CENTER The subject property is a 20,000 SF Walmart Supercenter Shadow Anchored Retail Center in growing Monticello, KY. HEALTHY AND STABLE TENANT MIX National, Regional, and local tenants including AT&T (New Wave Wireless), Shoe Show, State Farm, and Advance America. Shoe Show’s success at this location led them to sign a new lease in 2018 which more than doubled their square footage. The entire Rent roll has been in occupancy for 10+ Years. All tenants pay full prorate reimbursements of Taxes, Insurance, and CAM. CLASS “A” CONSTRUCTION The center features best-of-class brick and block construction, and architecture. STRATEGIC HIGH TRAFFIC LOCATION The Shadow Center is strategically located at the intersection of N Main Street (15,803 VPD) and KY-90 (12,954 VPD) in the heart of Monticello’s primary retail corridor. It is surrounded by other National Retailers including Tractor Supply, Save-A-Lot. Advance Auto, McDonald’s, Taco Bell, and more. MONTICELLO, KY Located in south-central Kentucky in Wayne County, Monticello lies in both the Mississippian plateau and the Eastern Kentucky coal fields. Beautiful Lake Cumberland forms much of the northern border of Wayne County, while Tennessee forms the southern border. Wayne County has a large labor supply and an expanding manufacturing economy. Monticello has been declared the Houseboat Capital of the World, and local manufacturers contribute more than $825 million to the Kentucky economy every year. Kentucky’s Lake Cumberland region produced more houseboats than any other part of the country, and local corporations Stardust Cruisers and Thoroughbred Houseboats have recently merged into Trifecta Houseboats to lead the boom. Monticello is also home to a Belden Inc. facility that employs 500 workers. Belden is an American manufacturer of networking, connectivity, and cable products.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
065-00-00-026.02
Land Assessment
$400,000
Improvements Assessment
$1,220,000
Total Assessment
$1,620,000
  • Listing ID: 12988885

  • Date on Market: 6/25/2018

  • Last Updated:

  • Address: 75 Wal-Mart Plaza Dr, Monticello, KY 42633

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