525 Old State Rd Hardinsburg, KY 40143
- Lifestyle centers
- 34,150 SF
- 6.34 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 525 Old State Rd
- Lot size
- 6.34 lot acres
- Property size
- 34,150 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents the Town & Country Shopping Plaza, a well-located 34,150 square foot shopping center situated on 6.338 acres in Hardinsburg, Kentucky. The property boasts two buildings, offering a diverse tenant mix anchored by established national brands, Dollar Tree and Family Dollar. Additional tenants include a variety of local businesses such as restaurants, a vape shop, a financial services provider, a nail salon, and a fitness center, contributing to a strong occupancy rate of 83%. The property features 131 parking spaces, ensuring ample convenience for shoppers and employees. Its prime location offers excellent highway accessibility with two convenient entrances. The property benefits from significant recent improvements, including the installation of a new Duralast membrane roofing system, complete with new gutters and downspouts. The strong Net Operating Income (NOI) of $196,791, coupled with the asking price of $2,300,000, makes this a compelling investment opportunity in a thriving retail market. The property is offered fee simple. An additional 5,760 square foot free-standing building is also included. This presents a rare chance to acquire a well-maintained, income-producing shopping center in a desirable Kentucky location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hardinsburg
- County
- Breckinridge
- State
- Kentucky
- Longitude
- -86.4437
- Latitude
- 37.773
