Oakdale Shopping Center for Sale

Shopping Center for Sale
Catylist Listing ID: 30324203
Property Subtypes: Community Center
Building Status: Proposed
Building Size (RSF): 41,114 SF
Gross Building Area: See Agent
Gross Land Area: 2.61 - 261 Acres
Sale Price: $4,600,000
Unit Price: $111.88 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.2%
Last Updated: 1/14/2019

Overview / Comments

Hoagland Commercial Realtors is pleased to offer for purchase, The Oakdale Shopping center. This 41,114 SF retail center is located in Louisville Business First's ranked #2 hottest zip code of 40215 based on home sales and growth. The location is within Louisville's inner loop, I-264, and a mile from I-65, University of Louisville's campus as well as Kentucky's horse racing staple, Churchill Downs. Tenants within Oakdale Shopping Center include Dollar General Market, Community Dental, Check Smart and Liberty Tax Service.

Additional property features include:
+ Quality curb appeal
+ Locally owned and managed with sense of pride of ownership
+ Physical condition of the center is very good with limited repairs looming in the short term
+ Offered without existing debt. Ideal candidate for currently low interest rate financing allows investor to structure most aggressive returns.

Financials upon request. Please contact agent for additional information.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 064C01070000
Zoning: C-1 - Commercial District
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Taylor Blvd.
Traffic/Vehicle Count: 20,240
Highway Access: Less than a mile from I-264 and I-65
Airports: SDF airport within a few miles

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,536 136,039 289,051
Median Age: 33.52 35.77 36.53
Households: 8,075 57,410 122,747
The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.