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Leased Strip Mall With Fitness Anchor
For Sale
$3,042,189

611 N Bardstown Rd, Mount Washington, KY 40047

Fully leased retail center with established service-oriented tenants and staggered lease expirations.

Property Size30,976 SF
Price / SF$98.21
Days on Market54

Property Features for 611 N Bardstown Rd

General Information

Standard status Active
Size 30,976 SF
Property subtype Shopping Strip
Occupancy 100%

Additional Details

Cap Rate 8.14%
Anchor Co-Tenants Club Fitness

Amenities

FITNESS ANCHOR WITH LONG TERM LEASE
LONG STANDING TENURE AND HISTORICAL OCCUPANCY
STRONG DEMOGRAPHIC PROFILE IN HIGH GROWTH AREA

Building Details

Building Size 30,976 SF
Year Built 2000
Tenancy Multi
Listing Agency:
Listed By: Jacob Dunaway · License #License(s): MO: 2023024767
Source: Marcusmillichap
Added: Jul 9 Changed: Aug 30 Last Checked: Aug 31 at 12:40PM

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 Jacob Dunaway

Investment Insights

Based on property information with market context.

Built in 2000, this 30,976-square-foot strip mall is a neighborhood shopping center in Mount Washington, Kentucky, within the Louisville MSA. The property is fully leased and occupied by a service-oriented tenant mix that includes Club Fitness, Family Dollar, Papa John's Pizza, Bullitt County Outfitters, and Willow & Oak Hair Salon.

Club Fitness serves as the primary anchor and has occupied the center for more than 20 years. Its recently completed 10-year renewal extends the lease through 2036. The remaining tenant roster provides a mix of fitness, discount retail, food service, outdoor-oriented retail, and personal-care uses, with lease expirations occurring on a staggered schedule.

Key Highlights

  • 30,976‑square‑foot neighborhood shopping center built in 2000
  • 100 percent leased to a mix of service‑oriented tenants
  • Club Fitness anchor has been at the property for more than 20 years

Property Analytics

Current Use

Club Fitness Gym & Fitness Center Pioneer News Publishing House Papa John's Pizza Restaurant The Spray Bar Tanning Salon Grace Pointe Community ... Church

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby
179k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 45% Apparel 4% Home Improvements & Furnishings 2%
McDonald's Dining
25,342 visits/mo 0.5 miles
Kroger Fuel Center Shops & Services
20,382 visits/mo 0.4 miles
Dollar Tree Shops & Services
14,450 visits/mo 0.4 miles
Taco Bell Dining
13,505 visits/mo 0.4 miles
BP Shops & Services
12,157 visits/mo 0.4 miles

Demographics for 40047, KY

23,597
Population
8,975
Households
2.6
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
29.9 sq mi
ZIP Area
789
Density / Sq Mi
$93,609
Median Household Income
$49,807
Median Earnings
$935
Median Rent
$259,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased retail center with established service-oriented tenants and staggered lease expirations.
Where is this strip mall located?
The property is located at 611 N Bardstown Rd Mount Washington, KY.
What is the asking price?
The asking price for this property is $3,042,189.
What are key features of this property?
This property features: 30,976‑square‑foot neighborhood shopping center built in 2000; 100 percent leased to a mix of service‑oriented tenants; Club Fitness anchor has been at the property for more than 20 years
More about this property
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