Retail Strip Center with 17
For Sale
$4,850,000
8507-8541 Terry Road, Louisville, KY 40258
Renovated strip center with 17 units and C-2 zoning for flexible retail and commercial use.
Property Size94,229 SF
Price / SF$51.47
Days on Market50
Property Features for 8507-8541 Terry Road
General Information
Standard status
Active
Size
94,229 SF
Property subtype
Retail - Strip
Zoning
C-2
Occupancy
78%
Building Details
Building Size
94,229 SF
Year Renovated
2022
Units
17
Listing Agency:
Hoagland Commercial Realtors
Listed By:
Chapman Silander · License #252813
Source:
Commercialcafe
Added: Jun 23
Changed: Aug 8
Last Checked: Aug 10 at 8:23PM
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 Hoagland Commercial Realtors
Investment Insights
Based on property information with market context.
This retail strip center offers 17 units within a 94,229 SF property. The building was renovated in 2022 and is designed to support modern tenant needs. The property’s C-2 zoning provides flexibility for a variety of retail and commercial uses.
The center is located in the Pleasure Ridge Town Centre retail hub area of Louisville, KY. The surrounding mix includes shopping and dining destinations such as Jefferson Mall and Valley Station Shopping Center, along with local businesses that draw regular activity. The property also benefits from accessibility tied to nearby major roadways, supporting visibility for prospective customers.
For tenants and buyers seeking a retail-focused configuration, the unit count and C-2 zoning make this property workable for a range of commercial concepts. The renovated condition can help prospective operators plan for efficient occupancy, while the established strip center layout supports multiple storefront users under one ownership. Investors can also evaluate the current occupancy level as part of their underwriting when considering this retail retail/strip center asset.
The center is located in the Pleasure Ridge Town Centre retail hub area of Louisville, KY. The surrounding mix includes shopping and dining destinations such as Jefferson Mall and Valley Station Shopping Center, along with local businesses that draw regular activity. The property also benefits from accessibility tied to nearby major roadways, supporting visibility for prospective customers.
For tenants and buyers seeking a retail-focused configuration, the unit count and C-2 zoning make this property workable for a range of commercial concepts. The renovated condition can help prospective operators plan for efficient occupancy, while the established strip center layout supports multiple storefront users under one ownership. Investors can also evaluate the current occupancy level as part of their underwriting when considering this retail retail/strip center asset.
Key Highlights
- 94,229 SF retail/strip center with 17 units in Louisville, KY
- 77.9% occupancy rate for a stable income stream
- Renovated in 2022
Property Analytics
Property Profile
Current Use
Lease Details
77.9%
Occupancy
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,382 visits/mo
0.1 miles
Demographics for 40258, KY
26,807
Population
11,568
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
88%
High-School Grad
11.7 sq mi
ZIP Area
2,291
Density / Sq Mi
$66,263
Median Household Income
$42,525
Median Earnings
$1,146
Median Rent
$173,100
Median Home Value
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Renovated strip center with 17 units and C-2 zoning for flexible retail and commercial use.
Where is this strip mall located?
The property is located at 8507-8541 Terry Road Louisville, KY.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: 94,229 SF retail/strip center with 17 units in Louisville, KY; 77.9% occupancy rate for a stable income stream; Renovated in 2022
