Prime 2.45-Acre C2 Zoned Retail Center
Retail
Marketing description
For Sale: Prime 2.45-Acre C2 Zoned Retail Center:
This expansive property includes three main buildings and spans 11 parcels in a thriving business and residential district. With immense potential for investors or businesses, this retail center offers:
Building Details:
- Building A:
- 18,000 sq. ft. retail space (currently vacant).
- Ideal for a grocery store, dollar store, meat market, warehouse, or large-scale retailer.
- Features a second floor suitable for storage or conversion into office space.
- Leasing potential: $10,000 to $12,000 per month for the right tenant.
- Building B:
- Three anchored tenants with long-term leases:
- Joe’s Beauty Supply: $4,300 per month – Lease expires December 2027.
- Learning Tree: $3,100 per month – Lease expires March 2026.
- Token Recovery Club: Lease expires May 2028.
- Building C:
- One strong tenant:
- Cricket Store: $3,100 per month – Lease expires May 2025.
Investment Highlights:
- Stable tenant base: All tenants are well-established and likely to renew after their leases expire (though not guaranteed).
- High-demand area: Located near the new Norton Hospital, Kroger, gas stations, and numerous shops, ensuring consistent traffic.
- Endless possibilities: The vacant Building A offers unmatched flexibility to attract high-value tenants and maximize returns.
This shopping center is an exceptional investment opportunity, boasting strong rental income, growth potential, and a prime location.
Contact the listing agent today for more details. For faster responses, please text 502-424-9484.
Members-only remarks
For Sale: Prime 2.45-Acre C2 Zoned Retail Center:
This expansive property includes three main buildings and spans 11 parcels in a thriving business and residential district. With immense potential for investors or businesses, this retail center offers:
Building Details:
- Building A:
- 18,000 sq. ft. retail space (currently vacant).
- Ideal for a grocery store, dollar store, meat market, warehouse, or large-scale retailer.
- Features a second floor suitable for storage or conversion into office space.
- Leasing potential: $10,000 to $12,000 per month for the right tenant.
- Building B:
- Three anchored tenants with long-term leases:
- Joe’s Beauty Supply: $4,300 per month – Lease expires December 2027.
- Learning Tree: $3,100 per month – Lease expires March 2026.
- Token Recovery Club: Lease expires May 2028.
- Building C:
- One strong tenant:
- Cricket Store: $3,100 per month – Lease expires May 2025.
Investment Highlights:
- Stable tenant base: All tenants are well-established and likely to renew after their leases expire (though not guaranteed).
- High-demand area: Located near the new Norton Hospital, Kroger, gas stations, and numerous shops, ensuring consistent traffic.
- Endless possibilities: The vacant Building A offers unmatched flexibility to attract high-value tenants and maximize returns.
This shopping center is an exceptional investment opportunity, boasting strong rental income, growth potential, and a prime location.
Contact the listing agent today for more details. For faster responses, please text 502-424-9484.
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