Shopping Community
Bel Air Center
904 S 12th St, Murray, KY 42071
Listing Price: $4,175,000
Investment Overview
Regional Anchor Tenants Include Food Giant (118 Locations), Peddler’s Mall (18 Locations), and Farmers Home Furniture (260 Locations) | Food Giant Reports High Sales per Square Foot and Pays Significant Amount in Percentage Rent (See Agents for Details)
D-1 College Town: Located One Mile from Murray State University with Over 10,000 Full-Time Students | The Campus is 253 Acres and Includes an Arboretum, Exposition Center, and Equestrian Center
Priced Well Below Replacement Cost - $30.47 per Square Foot | Extremely Low Average Rent - $3.70 per Square Feet | Pylon Sign on Site
Hop Hound Brewery Invested $300K into Their Own Buildout Showing Commitment to Site
Located Near the Signalized Intersection of Glendale Road and S 12th Street/US 641 with Combined Vehicles per Day of 16,617 | Multiple Ingress/Egress Points
37 Miles from Kentucky Lake, the Largest Man-Made Lake by Surface Area East of the Mississippi River and the 7th Largest Man-Made Lake in the US
34 Miles from Lake Barkley with 58,000 Acres of Water and 1,004 Miles of Shoreline | Kentucky Lake Connects to Lake Barkley and Forms the 170,000-Acre Peninsula Known as the Land Between the Lakes National Recreational Area
Bel Air Center
Investment Highlights
- 100 Percent Occupied, Grocery-Anchored Shopping Center with a Grocery, Service, Retail, and Restaurant Tenant Mix
- Number One Food Giant in Kentucky for Food Traffic per Placer.ai | Food Giant has 35+ Years of Operating History at This Location
- Value-Add Opportunity by Replacing Current Leases with Triple-Net Leases and Increasing Rent to Market Rates
Exclusively Listed By
Broker of Record
Listing Price: $4,175,000
Investment Highlights
- 100 Percent Occupied, Grocery-Anchored Shopping Center with a Grocery, Service, Retail, and Restaurant Tenant Mix
- Number One Food Giant in Kentucky for Food Traffic per Placer.ai | Food Giant has 35+ Years of Operating History at This Location
- Value-Add Opportunity by Replacing Current Leases with Triple-Net Leases and Increasing Rent to Market Rates
Investment Overview
Regional Anchor Tenants Include Food Giant (118 Locations), Peddler’s Mall (18 Locations), and Farmers Home Furniture (260 Locations) | Food Giant Reports High Sales per Square Foot and Pays Significant Amount in Percentage Rent (See Agents for Details) D-1 College Town: Located One Mile from Murray State University with Over 10,000 Full-Time Students | The Campus is 253 Acres and Includes an Arboretum, Exposition Center, and Equestrian Center Priced Well Below Replacement Cost - $30.47 per Square Foot | Extremely Low Average Rent - $3.70 per Square Feet | Pylon Sign on Site Hop Hound Brewery Invested $300K into Their Own Buildout Showing Commitment to Site Located Near the Signalized Intersection of Glendale Road and S 12th Street/US 641 with Combined Vehicles per Day of 16,617 | Multiple Ingress/Egress Points 37 Miles from Kentucky Lake, the Largest Man-Made Lake by Surface Area East of the Mississippi River and the 7th Largest Man-Made Lake in the US 34 Miles from Lake Barkley with 58,000 Acres of Water and 1,004 Miles of Shoreline | Kentucky Lake Connects to Lake Barkley and Forms the 170,000-Acre Peninsula Known as the Land Between the Lakes National Recreational Area
Exclusively Listed By
Broker of Record
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