Louisa Plaza BROCHURE
Transcription
Louisa Plaza BROCHURE
200 Town Hill Road, Louisa, KY INVESTMENTSUMMARY– LOUISAPLAZA TRIO CommercialPropertyGroupispleased topresent thesale ofLouisaPlaza,a 108,065SFGLAretailcenter locatedinLouisa,KY. LouisaPlazaisanchoredbyGoody’s, FamilyDollarandSurplusHomeCenter.Itis locatedonTownHillRoad.The developmentoffers retailersexcellentaccess and visibilityclosetotheheart ofthecommunitiespopulationbase. The shoppingcenteriscurrently62%occupied.Value addopportunitiesincludea vacant28,005SFJr.Anchorboxandpotentialfortwoadditionalout-lots. Thisinvestmentoffers qualifiedinvestorstheopportunitytoacquireavalueadd shoppingcenterwithsubstantialupside. InvestmentHighlights ¤ 108,065SFGLAIn-lineretailcenter ¤ CenterisanchoredbyGoody’sandFamily Dollar ¤ 41,155SFTotalVacancies creates potential upsideforinvestors ¤ Potentialfor2moreout-lotsforvalueadd ¤ Locatedatsignalized entrance ¤ PylonSignage onHighway InvestmentDetails CONTACTS: MichaelTabor JustinBaker 502.454-4557mtabor@triocpg.com 502.454.0911jbaker@triocpg.com Frank Bellis 502.454.5320 TRIO COMMERCIAL PROPERTY GROUP fbellis@triocpg.com 4205 Springhurst BlvdSuite 202,Louisville KY40241 TRIOcpg.com ¤ Price:$2,992,341 ¤ BuildingSize:+/- 108,065SF ¤ Year Built:1978 ¤ NOI:$254,349 ¤ CapRate:8.5% Theinformationcontainedhereinwasobtainedfromsourcesbelievedreliable,howeverTRIOCommercialPropertyGroup,LLCand itsag entsmakenorepresentationastoitsaccuracy.Itisyourresponsibilitytothoroug hlyinvestig ateandconfirm theaccuracyofthisinformation. AERIAL Louisa Plaza TRIOcpg.com Theinformationcontainedhereinwasobtainedfromsourcesbelievedreliable,howeverTRIOCommercialPropertyGroup,LLCand itsag entsmakenorepresentationastoitsaccuracy.Itisyourresponsibilitytothoroug hlyinvestig ateandconfirm theaccuracyofthisinformation. PHOTOS TRIOcpg.com Theinformationcontainedhereinwasobtainedfromsourcesbelievedreliable,howeverTRIOCommercialPropertyGroup,LLCand itsag entsmakenorepresentationastoitsaccuracy.Itisyourresponsibilitytothoroug hlyinvestig ateandconfirm theaccuracyofthisinformation. LOCATIONINFORMATION LOUISA,KY LouisaislocatedwithintheTri-State area ofKY,WV,andOH, which creates averyhightrafficcountthroughLouisa.Itisjust20minutesfrom I-64,andislocatedonamajor4-lanehighway-- U.S.Rt.23,alsoknown as the'CountryMusicHighway,'making thisarea within8hoursdriving distance to2/3ofthecountry. Lawrence Countyisexpectedtosee significantgrowthinthenext3-5 years, especiallyintheareas oftourism,retail,smallbusiness, warehouse/distribution,healthcare,manufacturing,IT,andconstruction. Plansareunderway todeveloptheriverfrontarea where theLevisa Fork andTugForkconverge intotheBigSandyRiver.DowntownLouisais underarevitalizationplancalled'Re-Discover Louisa,'whichisexpected tobuildupourdowntownarea. SullivanUniversityjustopenedaLearningCenter inMarch,2016,in downtownLouisa. Nearby colleges includeMarshallUniversity,Ashland Community&TechnicalCollege,andMorehead StateUniversity. Three RiversMedical Centerisanaward winninghospitalthatservices thearea. Louisaisalsocloseto KingsDaughters MedicalCenterin Ashland,KYandCabell/St.Mary's inHuntington,WV. Afriendlydownhome atmosphere, combinedwithalowcrimerate,top grade schoolsystem, hospital,firedepartments,lawenforcement, communityorganizations,recreation,socialevents, location,andvast opportunityforgrowth,make Lawrence Countyagreatplacetolive, work,play,andbuildafuture. TRIOcpg.com Theinformationcontainedhereinwasobtainedfromsourcesbelievedreliable,howeverTRIOCommercialPropertyGroup,LLCand itsag entsmakenorepresentationastoitsaccuracy.Itisyourresponsibilitytothoroug hlyinvestig ateandconfirm theaccuracyofthisinformation.