Northridge Shopping Center
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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 | Number of Properties | 2 |
Price / SF | $64.48 / SF | Individually For Sale | 0 |
Cap Rate | 11.77% | Total Building Size | 151,215 SF |
Sale Type | Investment | Total Land Area | 20.82 AC |
Status | Active |
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 | - |
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Northridge Shopping Center
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