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217-259 Indian Mound Dr
Mount Sterling, KY 40353
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
Building Size
161,021 SF
Building Class
C
Year Built
1989
Price
$18,346,500 CAD
Price Per SF
$113.94 CAD
Cap Rate
8.19%
NOI
$1,502,433 CAD
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.13
Lot Size
27.45 AC
Zoning
Commercial - Commercial, Retail, Office
Parking
1,036 Spaces (6.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
Property Taxes
| Parcel Number | 023-40-02-001.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $13,334,393 CAD |
Property Taxes
Parcel Number
023-40-02-001.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$13,334,393 CAD
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