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Description

Sale Price: $8,700,000 In place CAP Rate: 9.0% Price/SF: $42.03/SF based on 206,979 RSF Fully stabilized investment property. Park Place Mall is a regional power center for the southern part of Louisville on Dixie Highway. Other tenants include Target, Ollie's, Cato's, Gamestop, Shoe Carnival and in the adjacent center are Big Lots and Burlington Coat. Dixie Highway is the main traffic corridor between Louisville and points south, traffic counts on Dixie highway are 40,000 ADT. The shopping center of 200,000 plus square feet sits on 13.69 acres. The center has a large parking field of over 650 parking spots. Building price details: $8,700,000.

Property Details

• Type: Retail
• Status: Available
• Year Built: 1965
• Buildings: 1

Exterior Features

• Parking: Yes
• Parking Spaces: 255
• Parking Type: Surface

Map Locations