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Turfway Crossing 1336 Hansel Ave 99 578 pi² 100% Loué Commerce de détail Immeuble Florence, KY 41042 À vendre

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Faits saillants de l'investissement

Nationally Anchored 99,578 SF Shopping Center in the Cincinnati MSA: Dick’s Sporting Goods & Arhaus The Loft
Densely Populated Suburb of Cincinnati: 150,000+ Residents within the 5-Mile Radius
Top Performing Retail Corridor in Kentucky: Many of the Nearby Big Box Retailers having Top 80 Percentile Stores in the State on this Corridor

Durable Income Stream: 6.0 WALT
Strong Dick’s Sporting Goods Performance Metrics; Top 78% Nationally and Top 81% in Kentucky
Cincinnati/Northern Kentucky International Airport (CVG) sits behind the Property Servicing 9.2 Million Passengers Annually

Résumé de l'annonce

Franklin Street is pleased to present the opportunity to acquire Turfway Commons, a 99,578 SF regional shopping center in Florence, Kentucky. Florence is a southwest suburb in the Cincinnati MSA, which is home to 2.3 million residents. The region has seen consistent growth, with the metro population
increasing by over 50,000 people (approximately 2.3%–2.8%) over the past five years. The Cincinnati MSA (OH-KY-IN) is experiencing strong economic growth, with its GDP reaching $198 billion, making it the top economic engine in Ohio. Turfway Crossing is located in a major retail corridor servicing a large
trade area. Dick’s Sporting Goods is an original tenant with 25 years of operational history at this location and recently extended their lease to give them 5 years remaining on their lease term. Arhaus, an upscale home furnishing company with 100+ units, moved into the center in 2024. The investment offers a stable income stream from corporate tenants with scheduled rent increases through primary terms and option periods.

Faits sur la propriété

Type de vente

Investissement

Type de propriété

Commerce de détail

Sous-type de propriété

Immeuble de commerce

Taille du bâtiment

99 578 pi²

Classe d’immeuble

Année de construction

2001

Revenu net d’exploitation

1 905 144 $ CAD

Pourcentage loué

100%

Location

Multiples

Hauteur du bâtiment

1 étage

Quais de chargement

4 Extérieur

Coefficient d’occupation des sols de l’immeuble

0,28

Taille du lot

8,20 AC

Zone de développement économique

Oui

Zonage

C-2 - Commerce de détail

Stationnement

429 places (4,4 places par 1 000 pi² loué)

Façade

573’ sur Hansel Ave

Enseigne sur pylône

Détaillant
-
-
Jan 0000

DICK'S Sporting Goods began in 1948 when Richard Stack opened a bait shop in Binghamton, New York. The company grew into a national chain selling sports equipment, apparel and footwear through hundreds of locations nationwide. In addition to its main brand, DICK'S operates specialty stores like Golf Galaxy and Public Lands for outdoor gear. The retailer serves athletes and outdoor enthusiasts through both physical stores and e-commerce while maintaining its original sporting goods focus across decades of expansion.