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Northridge Shopping Center

2 Retail Properties Offered at $9,750,000 in Russell Springs, KY

Investment Highlights

  • large shopping center with lots of parking in a central and easily accessible area.

Executive Summary

Northridge Shopping Center. TWO ONE STORY BUILDINGS and a ground lease with Taco Bell.

Taxes & Operating Expenses (Actual - 2024)

Annual
Gross Rental Income $1,316,330
Other Income -
Vacancy Loss -
Effective Gross Income $1,316,330
Taxes -
Operating Expenses -
Total Expenses $168,340
Net Operating Income $1,147,990

Taxes & Operating Expenses (Actual - 2024)

Gross Rental Income
Annual $1,316,330
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $1,316,330
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $168,340
Net Operating Income
Annual $1,147,990

Property Facts

Price $9,750,000
Price / SF $64.48 / SF
Cap Rate 11.77%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 151,215 SF
Total Land Area 20.82 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Northridge Shopping Center
183-197 S Hwy 127, Russell Springs, KY 42642
Retail 51,536 SF 1987 -
219-301 S Highway 127, Russell Springs, KY 42642 Retail 99,679 SF 1990 -
Show More > < Show Less
  • Listing ID: 24686192

  • Date on Market: 12/17/2021

  • Last Updated:

  • Address: Northridge Shopping Center, Russell Springs, KY

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