Shopping Regional
Glyn View Plaza | Prestonsburg, KY
81 Glynview Plaza, Prestonsburg, KY 41653
Listing Price: $3,410,000
Investment Overview
GLYNVIEW PLAZA | GROCERY-ANCHORED VALUE-ADD OPPORTUNITY
• The subject property is a 69,976 SF grocery-anchored shopping center in Prestonsburg, KY
• The center is anchored by a Super Dollar, a concept by Food City (Food City guarantee with 155 locations)
• The subject property is a leasehold interest with 27 years remaining
• Priced well below replacement cost $48.73
• Average Rent: $5.85
HIGH-PERFORMING GROCERY-ANCHORED TENANT FOOD CITY-BACKED (155 LOCATIONS)
• Super Dollar has occupied the site for nearly 40 years
• Backed by Food City, a strong regional grocery operator with 155+ locations across the Southeast
• Health Ratio: 2.2%
• 2024 Sales: $6.39M
STRATEGIC INTERSTATE LOCATION
• Prestonsburg serves as a regional hub in Eastern Kentucky with strong retail fundamentals
• The center is located near major national retailers, including Walmart, Lowe’s, and more
• Convenient access to US-23 and KY-114 drives consistent visibility and accessibility
HISTORY OF STRONG PERFORMANCE
• Average tenant tenure: 15+ years
• Nine tenants have exercised options to renew since 2023
PRESTONSBURG, KY
• Prestonsburg is a charming Appalachian town nestled in the foothills of Eastern Kentucky
• Located along the Levisa Fork of the Big Sandy River, offering scenic mountain views and outdoor recreation
Investment Highlights
- Glynview Plaza | Grocery- Anchored Value- Add Opportunity
- High-Performing Grocery- Anchored Tenant Food City-Backed (155 Locations)
- Strategic Interstate Location
- History Of Strong Performance
- Prestonsburg, KY
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $3,410,000
Investment Highlights
- Glynview Plaza | Grocery- Anchored Value- Add Opportunity
- High-Performing Grocery- Anchored Tenant Food City-Backed (155 Locations)
- Strategic Interstate Location
- History Of Strong Performance
- Prestonsburg, KY
Investment Overview
GLYNVIEW PLAZA | GROCERY-ANCHORED VALUE-ADD OPPORTUNITY • The subject property is a 69,976 SF grocery-anchored shopping center in Prestonsburg, KY • The center is anchored by a Super Dollar, a concept by Food City (Food City guarantee with 155 locations) • The subject property is a leasehold interest with 27 years remaining • Priced well below replacement cost $48.73 • Average Rent: $5.85 HIGH-PERFORMING GROCERY-ANCHORED TENANT FOOD CITY-BACKED (155 LOCATIONS) • Super Dollar has occupied the site for nearly 40 years • Backed by Food City, a strong regional grocery operator with 155+ locations across the Southeast • Health Ratio: 2.2% • 2024 Sales: $6.39M STRATEGIC INTERSTATE LOCATION • Prestonsburg serves as a regional hub in Eastern Kentucky with strong retail fundamentals • The center is located near major national retailers, including Walmart, Lowe’s, and more • Convenient access to US-23 and KY-114 drives consistent visibility and accessibility HISTORY OF STRONG PERFORMANCE • Average tenant tenure: 15+ years • Nine tenants have exercised options to renew since 2023 PRESTONSBURG, KY • Prestonsburg is a charming Appalachian town nestled in the foothills of Eastern Kentucky • Located along the Levisa Fork of the Big Sandy River, offering scenic mountain views and outdoor recreation
Exclusively Listed By
Broker of Record
Financing By

