Shopping Regional

Mayfield Town Center - Dollar Tree Anchored

1208 Paris Rd, Mayfield, KY 42066

Listing Price: $4,150,000

Cap Rate
7.51%
Gross SF
34,650
Rentable SF
34,650
Price/Gross SF
$119.77
Lot Size
3.25 acres
Year Built
2016

Investment Overview

Marcus & Millichap is pleased to present this seven-tenant retail center located in Mayfield, Kentucky. This nearly 35,000 square foot community center sits on 3.25 acres and is located in the heart of the retail corridor of Mayfield.

This exceptional asset features existing anchor tenants Dollar Tree, Petsense, Interstate Battery, Factory and Little Caesars. The property consists of a single parcel with parking at-grade and is currently 91.44 percent occupied. A complementary mix of retail shops, grocery, and service tenants which operate on NNN leases. The tenant mix is strong with 82 percent of the rental income coming from national tenants.

Mayfield Town Center is located on the high-traffic corridor of Paris Road, Kentucky. It is one of the premier shopping corridor in Mayfield. Major National tenants line the property and draw customers from the surrounding counties. Walmart is located adjacent to the Mayfield Marketplace. The property also sits off a signalized corner with traffic counts that exceed 10,000 vehicles per day. Within a five-mile radius, the population is nearly 16,000 with an average household income of over $45,000.

Investment Highlights

  • Excellent Tenant Mix | Dollar Tree, Petsense and Interstate Battery
  • Interstate Battery is a HUB Location Servicing Surrounding Counties
  • 2016 Construction
  • Lowes Outparcel

Exclusively Listed By

Shopping Regional

Mayfield Town Center - Dollar Tree Anchored

Listing Price: $4,150,000

Cap Rate
7.51%
Gross SF
34,650
Rentable SF
34,650
Price/Gross SF
$119.77
Lot Size
3.25 acres
Year Built
2016

Investment Highlights

  • Excellent Tenant Mix | Dollar Tree, Petsense and Interstate Battery
  • Interstate Battery is a HUB Location Servicing Surrounding Counties
  • 2016 Construction
  • Lowes Outparcel

Investment Overview

Marcus & Millichap is pleased to present this seven-tenant retail center located in Mayfield, Kentucky. This nearly 35,000 square foot community center sits on 3.25 acres and is located in the heart of the retail corridor of Mayfield.

This exceptional asset features existing anchor tenants Dollar Tree, Petsense, Interstate Battery, Factory and Little Caesars. The property consists of a single parcel with parking at-grade and is currently 91.44 percent occupied. A complementary mix of retail shops, grocery, and service tenants which operate on NNN leases. The tenant mix is strong with 82 percent of the rental income coming from national tenants.

Mayfield Town Center is located on the high-traffic corridor of Paris Road, Kentucky. It is one of the premier shopping corridor in Mayfield. Major National tenants line the property and draw customers from the surrounding counties. Walmart is located adjacent to the Mayfield Marketplace. The property also sits off a signalized corner with traffic counts that exceed 10,000 vehicles per day. Within a five-mile radius, the population is nearly 16,000 with an average household income of over $45,000.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower