Village Strip Center

955 North Wilson Road, Radcliff, KY 40160

  • For Sale $1,738,000
  • Property Type Retail - Strip
  • Property Size 20,602 SF
  • Units 11
  • Lot Size 2.27 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 2004
  • Date Updated Sep 20, 2024
20,602-Square Foot Strip Center with 1,500 SF of Vacancy Upside (High Visibility Unit) 8/10 Leases Have Less Than 1yr Left | 8yrs Avg Occupancy | $9.2 Avg Rent/SF Gross Potential $200k+ Upside Value in Vacancy Backfill | Min. 6 Tenants Have Never Increased Rent If Stabilize + 20% Base Rent Growth (Market) + Convert to NNN = Potential $1M in Value Priced Well Below Replacement Cost $84/SF | Military, Medical, WMT Shadow, Office, Retail Higher VPD Than WMT Side of Intersection | Excellent Visibility | Concrete Lot 30 Minutes From Largest Development Ever in KY – Ford Blue Oval SK Battery ParkLee & Associates is pleased to exclusively bring to market the Village Strip Cetter in Radcliff, KY. This property consists of 2 buildings located just a half mile from Fort Knox. It features a diverse tenant mix of military, medical & retail offices. This property shares an Intersection with a nearby remodeled Walmart Supercenter. This strip center is situated just 30 minutes from the new Ford Blue Oval SK Battery Park, which is the largest industrial development in KY history.

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Attachments

Highlights

  • 20,602-Square Foot Strip Center with 1,500 SF of Vacancy Upside (High Visibility Unit)
  • 8/10 Leases Have Less Than 1yr Left | 8yrs Avg Occupancy | $9.2 Avg Rent/SF Gross
  • Potential $200k+ Upside Value in Vacancy Backfill | Min. 6 Tenants Have Never Increased Rent
  • If Stabilize + 20% Base Rent Growth (Market) + Convert to NNN = Potential $1M in Value
  • Priced Well Below Replacement Cost $84/SF | Military, Medical, WMT Shadow, Office, Retail
  • Higher VPD Than WMT Side of Intersection | Excellent Visibility | Concrete Lot
  • 30 Minutes From Largest Development Ever in KY – Ford Blue Oval SK Battery Park

Contacts

broker

Chris Kinnard

Lee & Associates Cincinnati

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable

  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Radcliff, KY
  • Neighborhood Radcliff
  • Zip Code 40160
  • Market Louisville

Points of Interest

  • Walmart Gas

    0.15 miles

  • BP

    0.91 miles

  • Five Star Fuel

    1.43 miles

  • Diamond Shamrock

    2.54 miles

  • Marathon

    3.27 miles

  • AAFES Fuel Center

    3.35 miles

  • Walmart

    3.86 miles

  • Shell

    5.95 miles

  • Applebee's

    0.05 miles

  • Miguel's

    0.15 miles

  • Juanitos Street Tacos

    0.26 miles

  • Pizza Hut

    0.33 miles

  • Egg Roll House

    0.39 miles

  • Mi Casita Mexican Restaurant

    0.41 miles

  • Asian Express

    0.43 miles

  • Sonic

    0.43 miles

  • Buck's BBQ

    0.44 miles

  • KFC

    0.67 miles

  • Asian Food And Gift

    0.16 miles

  • Walmart Supercenter

    0.18 miles

  • Grocery Outlet

    0.20 miles

  • ALDI

    0.36 miles

  • Price Less Foods

    2.34 miles

  • Post Exchange

    2.38 miles

  • Commissary

    2.38 miles

  • Walmart Neighborhood Market

    3.90 miles

  • Kohl's

    7.96 miles

  • Ross

    8.36 miles

Frequently Asked Questions

How much does Village Strip Center cost?

The space currently listed for sale at Village Strip Center asks for $1,738,000.

What is the total square footage of Village Strip Center?

Village Strip Center totals 20,602 square feet.

When was this property built?

Village Strip Center was built in 2004.

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Contact Listing Broker

broker

Chris Kinnard

Lee & Associates Cincinnati