Anchorage Landmark is a prime located retail/mixed use property that features an approximately 21,100 SF stabilized strip center and four separately deeded outparcels ready for development. The strip center boasts a variety of primarily service-based retail and restaurant tenants, including Mi Tierra Mexican Restaurant, Sign A-Rama Northeast Louisville, New Direction Bar & Grill, Juice Box Vapor Company, and East End Barber Shop. The site offers excellent access off of LaGrange Rd and Chamberlain Ln with direct visibility from the I-265 off ramp at Exit 30: KY-146 (LaGrange Rd). It is located at the signalized intersection of LaGrange Rd and Chamberlain Ln where traffic counts exceed 28,000 vpd.
Pricing is based on a 8.0% cap rate for the shopping center and market value for the outparcels. Seller prefers to transfer entire asset, but will consider a separate sale of the shopping center and the outparcels.
There is an approved development plan in place for the outparcels at 2600 & 2604 Chamberlain Ln. The plan includes the annexation of a portion of Old Lagrange Rd into the property. This additional are is not included in the lot sizes indicated in the listing. Plan available upon request.
Shopping Center (2632 Chamberlain Ln) 1.88 acres: $5,030,490.00
Outparcel 1 (2600 Chamberlain Ln) 1.1641 acres: $800,000.00/acre
Outparcel 2 (2604 Chamberlain Ln) 0.9681 acre: $800,000.00/acre
Outparcel 3 (2632 Chamberlain Ln) 0.8650 acre: $600,000.00/acre
Outparcel 4 (2636 Chamberlain Ln) 1.0740 acres: $685,000.00/acre
-> Excellent Frontage & Visibility
-> Heavily Trafficked, Signalized Intersection
-> Immediate Access & Direct Visibility to I-265
-> Ample Signage Opportunities
-> Close Proximity to Ford Heavy Truck Plant, Eastpoint Office Park, Kroger
Property website: https://buildout.com/website/AnchorageLandmark
For additional information, please request a confidentiality agreement from a listing agent.
Interested parties may also request the Confidentiality Agreement under the "Documents" tab, by visiting the following website: https://buildout.com/website/AnchorageLandmark
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
|Population Median Age||36||38||39|
|Population by Age||0-9 Yrs||591 (13%)||5917 (13%)||14853 (12%)|
|10-19 Yrs||747 (17%)||6124 (14%)||15216 (13%)|
|20-29 Yrs||400 (9%)||5028 (11%)||12908 (11%)|
|30-39 Yrs||514 (12%)||5762 (13%)||14399 (12%)|
|40-49 Yrs||734 (17%)||6481 (14%)||16280 (14%)|
|50-59 Yrs||636 (14%)||6103 (13%)||16299 (14%)|
|60-69 Yrs||400 (9%)||4780 (10%)||13575 (11%)|
|70+ Yrs||250 (5%)||3524 (8%)||12376 (10%)|
|Median HH Income||$101,529||$86,211||$85,623|
|Total Household Income||< 24K||178 (11%)||1759 (10%)||4416 (9%)|
|25-49K||192 (12%)||2455 (14%)||7239 (16%)|
|50-74K||181 (11%)||3022 (18%)||8463 (18%)|
|75-99K||206 (13%)||2136 (13%)||5775 (12%)|
|100-199K||535 (34%)||4795 (29%)||13779 (30%)|
|200K+||241 (15%)||2220 (13%)||5472 (12%)|
|Highest Education Level||No Diploma||81||1341||3297|
|Diploma or GED||336||4762||11986|
|Total Housing Units||1,617||17,435||47,856|
|Owner-Occupied Values||< 100K||15||451||1162|
|Total Working Age Population||3,133||33,706||90,959|
|In Work Force||2,367||23,971||62,698|
|Not In Work Force||766||9,735||28,262|
|Single Male w/Child||69||421||984|
|Single Female w/Child||60||885||2,110|
Population Change Last Two Decades - Plus Projection
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