Village Strip Center

For Sale

955 North Wilson Road, Radcliff, KY 40160

This Radcliff property for sale is located at 955 North Wilson Road. The current listed sale price for Village Strip Center is $1,738,000. Village Strip Center is situated on a lot that is 2.27 acre in size.

Contacts

broker
Chris Kinnard

Lee & Associates Cincinnati

Property Details

  • 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 Dec 10, 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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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

Getting around

  • 56/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Kinnard

Lee & Associates Cincinnati