Search
Grocery-Anchored Shopping Center
For Sale
Contact for pricing

5300 S 3rd St, Louisville, KY 40214

Established neighborhood retail center with grocery anchoring, multiple access points, and a broad tenant mix.

Property Size134,699 SF
Lot Size8.74 Acres
Price / SF$14.85
Days on Market25

Property Features for 5300 S 3rd St

General Information

Standard status Active
Size 134,699 SF
Lot size 8.74 Acres
Property subtype Retail
Occupancy 82%
Lease Type NNN
Net Operating Income $603,190

Site & Location

Corner Location Yes
Pylon Signage Yes
Anchor Co-Tenants ValuMarket
Road Access Yes

Building Details

Year Built 1956
Year Renovated 2001
Tenancy Multi
Listing Agency: Mid-America Real Estate Corporation
Listed By: Emily Gadomski · License #475173675
Source: Crexi
Added: Jul 30 Changed: Aug 19 Last Checked: Aug 22 at 3:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate Corporation

Investment Insights

Based on property information with market context.

Iroquois Manor Shopping Center is a 134,699-square-foot retail property on 8.74 acres, built in 1956. The center is 82.6% leased and includes ValuMarket as its grocery anchor, along with Dollar Tree, Family Dollar, Rainbow, and Subway. Existing improvements include abundant parking and a landmark pylon sign.

The property occupies the corner of South 3rd Street and Southland Boulevard in Louisville, with approximately 1,500 feet of frontage and multiple access points. More than 216,000 residents are located within five miles, supporting the center’s established neighborhood retail setting. The remaining available space provides an opportunity to expand occupancy within an existing shopping center configuration.

Key Highlights

  • 134,699‑square‑foot shopping center on 8.74 acres
  • 82.6% leased with ValuMarket serving as the grocery anchor
  • Approximately 1,500 feet of frontage at South 3rd Street and Southland Boulevard

Property Analytics

Current Use

Coinstar Bank UPS Access Point ... Courier Service MoneyGram Bank CDReload - Online Bitcoin ... Crypto Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Gym & Fitness Center Nail Salon Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 44%
McDonald's Dining
16,797 visits/mo 0.2 miles
Family Dollar Shops & Services
12,947 visits/mo 0.1 miles
PNC Bank Shops & Services
7,461 visits/mo 0.1 miles
Arby's Dining
6,567 visits/mo 0.1 miles
KFC Dining
5,453 visits/mo 0.1 miles

Demographics for 40214, KY

46,220
Population
20,459
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,081
Density / Sq Mi
$53,563
Median Household Income
$37,121
Median Earnings
$950
Median Rent
$176,700
Median Home Value

Market

Vacancy Rate% for Retail in Louisville, KY

5.4% 2019
5.4% 2020
4.7% 2021
4.8% 2022
5.1% 2023
4.2% 2024
4.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Iroquois Manor Shopping Center 5330 S 3rd St, Louisville, KY 40214
  • Coinstar Kiosk | Bitcoin ATM Valu Discount, 5301 Mitscher Ave, Louisville, KY 40214

Frequently Asked Questions

What type of property is this?
Shopping center - Established neighborhood retail center with grocery anchoring, multiple access points, and a broad tenant mix.
Where is this shopping center located?
The property is located at 5300 S 3rd St Louisville, KY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 134,699‑square‑foot shopping center on 8.74 acres; 82.6% leased with ValuMarket serving as the grocery anchor; Approximately 1,500 feet of frontage at South 3rd Street and Southland Boulevard
(630) 954-7392 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message