7688 Mall Rd - Freestanding FOR SALE


Florence, KY 41042
$1,825,000 USD
513-272-6800
7688 Mall Rd, Florence, KY for Sale
$1,825,000 USD
Freestanding - FOR SALE
1/11
null | 6.9% Cap Rate

7688 Mall Rd
Florence, KY 41042


HIGHLIGHTS

  • Located in heavily trafficked retail corridor
  • Building is at the gateway of Florence Mall

OVERVIEW

Altafiber is situated between two signalized entrances to Florence mall, near KY-18 which sees 43,414 VPD and I-75 which sees 140,482 VPD 7.34% Average CAP Rate over existing lease term Florence is Kentucky's 8th Largest City 3 miles from Amazon’s largest Air Hub (4,500 Employees) Dominant Retail Trade Area (5.2 Million SF) Surrounded by National Retails & Restaurants At Entrance to Regional Draw- Florence Mall Across from Newer Kroger Marketplace Store Close to Only Costco and Menards in Northern Kentucky 13 Miles from Downtown Cincinnati Close to Cincinnati International Airport Altafiber is owned by the global financial services company, Macquarie Group ( 20,600+ employees and $938.3 billion in assets under management) https://www.macquarie.com/us/en.html

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alta Fiber

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C-2, PD, MR

APN/PARCEL ID

062.00-25-001.15

ASK ABOUT THIS PROPERTY

Christopher NachtrabLee & AssociatesMore Info
513-272-6800

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Christopher NachtrabLee & AssociatesMore Info
513-272-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.