• 

You can
add space
to this property.

Description

Blankenbaker Plaza is a 88,275 square foot shopping center located at the busy signalized intersection of Shelbyville Road & Blankenbaker Parkway in eastern Jefferson County, Louisville, Kentucky. The shopping center is anchored by Wal-Mart Neighborhood Market, which opened for business in the spring of 2007. In addition to its anchor tenant, the center has numerous other national retailers such as Starbucks Coffee, Beef O'Brady's, Fitness 19, Weight Watchers, Neutral Zone, and a longterm ground lease with Republic Bank. This is a 95% occupied, stablized shopping center with no leases expiring in the next 4.5+ years. In addition, this is a value added opportunity with 4,658 SF of space available in addition to a 1 acre retail outlot that could accomodate nearly 10,000 SF of additional space in the shopping center. The subject property is located in one of Louisville's most affluent areas known as Douglass Hills. Located on the east side of Louisville, Blankenbaker Plaza strategically positioned in the market, taking advantage of the convenient location, favorable traffic patterns, dense residential and high incomes in the immediate area. The trade area features: *Trade area demographics exceeding 184,000 people in a five-mile radius with an average household income over $83,000/year. *The Kentucky Transportation Cabinet estimates over 41,700 vehicles per day travel on Shelbyville Road and over 18,500 vehicles per day on Blankenbaker Parkway in front and beside the subject property. *Convenient access to Interstate 64 (I-64), Shelbyville Road, and Blankenbaker Pkwy. *Kentucky's largest church, Southeast Christian Church, is approximately one mile south of the shopping center. The church is the 6th largest in the nation and averages 18,000+ members on a weekly basis providing a massive influx of traffic several days a week. *Other retailers in the immediate area include: Sam's, Fresh Market, Garden Ridge, CVS, and Walgreens. *Future 20 acre, 186 high-end condo unit project is scheduled to be built directly across (on the northwest corner) from the Shopping Center. Building price details: $13,750,000.

Property Details

• Type: Retail
• Status: Available
• Buildings: 1

Map Locations