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    Property profile & analytics
    OFF-MARKET Estimated value $7,630,000
    Community centers

    7541 Mall Rd, Florence, KY 41042-1401

    40,110 SF 4.29 ac lot Built 1982
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US34-0563030
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 21,834 square feet of vacant space within a larger 47,181 square foot multi-tenant strip center located at 7541 Mall Road, Florence, Kentucky 41042. The property, situated in Boone County, underwent renovations in 2015, ensuring modern amenities and a well-maintained environment. The available space is ideal for a variety of retail uses, offering significant visibility and accessibility due to its prime location. While the entire center comprises 47,181 square feet, the minimum divisible space is 21,834 square feet, and the maximum contiguous space available is also 21,834 square feet. This presents a unique chance for a single tenant to occupy a substantial portion of the center or the possibility of subdividing the space for multiple smaller tenants. The property's strategic location in Florence, Kentucky, guarantees high foot traffic and exposure to a thriving consumer base. This is a remarkable chance to establish or expand a retail presence in a well-maintained and highly visible location. The property's recent renovations ensure a modern and attractive space ready for immediate occupancy. Contact us today to learn more about this exciting opportunity.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1982
    Construction TYPE NOT SPECIFIED
    Total area 40,110 SF
    Lot 4.29 ac (186,960 SF)
    APN 062.00-25-002.00
    UPID US34-0563030
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Foam Warriorz Family Recreation Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.77M
    CAP Approach CAP
    $7.34M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $7.63M
    Owner & transaction history
    Magna Properties Ltd · 5 yrs held
    Magna Properties Ltd
    since 2021
    Last sale
    $5.5M
    3 recorded transactions
    2021
    $5.5M
    2019
    2014
    $3.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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