Skip to main content

Shopping Strip

Mount Washington Center

611 N Bardstown Rd, Mount Washington, KY 40047

Listing Price: $3,042,189

Cap Rate
8.14%
Gross SF
30,976
Rentable SF
30,976
Price/Gross SF
$98.21
Lot Size
5.78 acres
Year Built
2000

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100 percent fee simple interest in Mount Washington Center (the "Property"), a 30,976-square-foot neighborhood shopping center located in Mount Washington, Kentucky (Louisville MSA). Mount Washington Center is 100 percent leased to a diverse mix of e-commerce resistant, service-oriented tenants with staggered lease expirations. The Property is anchored by Club Fitness, which has been a tenant for more than 20 years and recently executed a 10-year lease renewal through 2036, demonstrating their long-term commitment to and success at the Property. The complementary tenant mix also includes Family Dollar, Papa John's Pizza, Bullitt County Outfitters, and Willow & Oak Hair Salon.

Investment Highlights

  • FITNESS ANCHOR WITH LONG TERM LEASE
  • LONG STANDING TENURE AND HISTORICAL OCCUPANCY
  • STRONG DEMOGRAPHIC PROFILE IN HIGH GROWTH AREA

Exclusively Listed By

  • Jacob Dunaway

    Associate Director Investments

    (314) 889-2553

    Email Jacob

    License(s): MO: 2023024767

    St. Louis

  • Chris Garavaglia

    Managing Director Investments

    (314) 889-2552

    Email Chris

    License(s): MO: 2015042068, NE: 20240127

    St. Louis

  • Alex Perez

    Managing Director Investments

    (314) 889-2525

    Email Alex

    License(s): NE: 20230231, IL: 475199830, AL: 000164341 - 0, MO: 2000163389

    St. Louis

Broker of Record

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Shopping Strip

Mount Washington Center

Listing Price: $3,042,189

Cap Rate
8.14%
Gross SF
30,976
Rentable SF
30,976
Price/Gross SF
$98.21
Lot Size
5.78 acres
Year Built
2000

Investment Highlights

  • FITNESS ANCHOR WITH LONG TERM LEASE
  • LONG STANDING TENURE AND HISTORICAL OCCUPANCY
  • STRONG DEMOGRAPHIC PROFILE IN HIGH GROWTH AREA

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100 percent fee simple interest in Mount Washington Center (the "Property"), a 30,976-square-foot neighborhood shopping center located in Mount Washington, Kentucky (Louisville MSA). Mount Washington Center is 100 percent leased to a diverse mix of e-commerce resistant, service-oriented tenants with staggered lease expirations. The Property is anchored by Club Fitness, which has been a tenant for more than 20 years and recently executed a 10-year lease renewal through 2036, demonstrating their long-term commitment to and success at the Property. The complementary tenant mix also includes Family Dollar, Papa John's Pizza, Bullitt County Outfitters, and Willow & Oak Hair Salon.

Exclusively Listed By

  • Jacob Dunaway

    Associate Director Investments

    (314) 889-2553

    Email Jacob

    License(s): MO: 2023024767

    St. Louis

  • Chris Garavaglia

    Managing Director Investments

    (314) 889-2552

    Email Chris

    License(s): MO: 2015042068, NE: 20240127

    St. Louis

  • Alex Perez

    Managing Director Investments

    (314) 889-2525

    Email Alex

    License(s): NE: 20230231, IL: 475199830, AL: 000164341 - 0, MO: 2000163389

    St. Louis

Broker of Record

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

MM Texture Background
MM Textured Background Lower