217-259 Indian Mound Dr | Mount Sterling, KY 40353
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217-259 Indian Mound Dr
Mount Sterling, KY 40353
Gateway Plaza · Retail Property For Sale
Investment Highlights
- This shopping center includes national tenants such as JCPenney, Ollie's Bargain Outlet, and Harbor Freight.
Executive Summary
Large shopping center with 20 units and 1136 parking spaces. 90% occupied as of 6/10/19.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
161,021 SF
Building Class
B
Year Built
1988
Price
£10,653,465
Price Per SF
£66
Net Initial Yield
8%
NOI
£852,234
Percent Leased
87%
Tenancy
Multiple
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.12
Lot Size
31.00 AC
Zoning
Commercial - Commercial, Retail, Office
Parking
1,036 Spaces (6.44 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 023-40-02-001.00 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £7,722,772 |
PROPERTY TAXES
Parcel Number
023-40-02-001.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£7,722,772
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