Listed by Urban Groupe
$4,500,000
Keene Shopping Centre
Details
Property Type Retail
Sub Type Storefront
Square Footage 21,368
Cap Rate 6.81%
NOI $306,639
Occupancy 100%
Tenancy Multi
Brand/Tenant Citizens Bank, Family Allergy & Asthma
Lease Type NNN
Class A
Year Built 2011-2013
Buildings 2
Acreage 2.130
Zoning B-1 Central Business District
Retail | 6.81% CAP | 21,368 SqFt
Marketing description
Keene Centre is a Class A, 100% occupied, shopping plaza located in Jessamine County, one of the fastest growing counties in Kentucky. The development is located on a major Highway that enjoys approximately 33,418 cars per day and is in the immediate vicinity of numerous residential and rapidly growing commercial developments.
Investment highlights
- Offering includes two separate tax parcels for a total GLA of 21,368 SF on 2.13 acres
- Located at one of the few signalized intersections on By-Pass 27, across from Lowes Supercenter, Walgreens, several branch banks, numerous medical offices, St Joe’s newly developed hospital facility and a new senior living development
- Additionally, the property is located directly adjacent to a brand new development, Keene Landing, that is still under construction with tenants to include: Chipotle, Panera, Cattleman’s, Aldi and much more
- Keene Centre is home to Citizens Bank, Family Allergy & Asthma, a Pharmacy, Rheumatology and General Wellness clinic, Firehouse Subs, Chiropractor and Liquor Store
- Strategically positioned 10 miles South of Lexington, on a well-traveled 5-Lane Bypass that connects North and South Nicholasville and provides Lexington travelers with easy access to Southern Kentucky
Listing Contacts
Listed by Urban Groupe
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$306,639.11
$25,553.26/mo
Valuation Metrics
0
DSCR
6.81%
Cap Rate
6.81%
ROI
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