523 Main St Scottsville, KY 42164
High-yield, multi-tenant retail center
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 362
Property Features for 523 Main St
General Information
- Property type
- Lifestyle centers
- Square Feet
- 21,890 SF
- Lot Size
- 115,434 SF
Building Details
- Year Built
- 1960
- Buildings
- 3
- Stories
- 1
- Units
- 11
HighLights
- Stable income producing shopping center with a 7.34% pro‑forma cap rate and 97% occupancy.
- Below‑market rents present significant upside potential.
- Value‑add opportunities exist through lease‑up and rent increases.
- Adjacent one‑acre land parcel allows for future expansion.
- Long‑term tenants, including Dollar Tree and Subway, provide consistent cash flow.
- Excellent visibility and accessibility in a central Scottsville, KY location.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scottsville
- County
- Allen
- State
- Kentucky
- Longitude
- -86.18468943
- Latitude
- 36.75252569