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217-259 Indian Mound Dr
Mount Sterling, KY 40353

$13,500,000 USD

General Retail For Sale • 161,021 SF

Property Details

Property Type General Retail
Total Building Size 161,021 SF
Lot Size 27.45 AC
Building Class C
Year Built 1989
Cap Rate 8.19 %
Tenancy Multiple
Zoning Commercial

40 Walk Score

Description

Large shopping center with 20 units and 1136 parking spaces.  90% occupied as of 6/10/19.

                
                    Highlights
                
                                This shopping center includes national tenants such as JCPenney, Ollie's Bargain Outlet, and Harbor Freight.

Property Flyers

MK700150_survey

MK700150_plan

Financial Summary (Proforma)

Net Operating Income: $1,105,543 USD (2026)

Cap Rate:	8.19 %
Total Expenses:	$255,292 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Goody's	22,747 SF
JCPenney	50,000 SF
Little Caesars	2,700 SF
Ollie's Bargain Outlet	34,876 SF
rue21	34,168 SF

Amenities

Dedicated Turn Lane
Pylon Sign
Restaurant
Signage

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1036
Type:	Surface
Included in Rent:	Yes

Denis Rodger United Properties Corp.

217-259 Indian Mound Dr Mount Sterling, KY 40353