2600 Chamberlain Lane

Louisville, KY 40245

Listing ID: 196783
$5,030,490
For Sale
  • Property Type Retail : Shopping Center
  • Lot Size Acres 1.880
  • Building Sq Ft 21,100
  • Building Price per Sq Ft $238.41
  • Land Sq Ft 81,892
  • Land Price per Sq Ft $61.43
Description

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.

Pricing Detail:

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

Attachments & Files
Listing Demographics

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.

1-Mile 3-Miles 5-Miles
Total Population4,27243,719115,905
Population Median Age363839
Population by Age0-9 Yrs591 (13%)5917 (13%)14853 (12%)
10-19 Yrs747 (17%)6124 (14%)15216 (13%)
20-29 Yrs400 (9%)5028 (11%)12908 (11%)
30-39 Yrs514 (12%)5762 (13%)14399 (12%)
40-49 Yrs734 (17%)6481 (14%)16280 (14%)
50-59 Yrs636 (14%)6103 (13%)16299 (14%)
60-69 Yrs400 (9%)4780 (10%)13575 (11%)
70+ Yrs250 (5%)3524 (8%)12376 (10%)
Median HH Income$101,529$86,211$85,623
Total Household Income< 24K178 (11%)1759 (10%)4416 (9%)
25-49K192 (12%)2455 (14%)7239 (16%)
50-74K181 (11%)3022 (18%)8463 (18%)
75-99K206 (13%)2136 (13%)5775 (12%)
100-199K535 (34%)4795 (29%)13779 (30%)
200K+241 (15%)2220 (13%)5472 (12%)
Highest Education LevelNo Diploma8113413297
Diploma or GED336476211986
Some College440579215924
Assoc. Degree14321665972
Bachelors Degree1035879724707
Higher Degree669643417999
Total Housing Units1,61717,43547,856
--Owner-Occupied1,08412,09233,845
--Renter-Occupied4494,29511,298
Owner-Occupied Values< 100K154511162
100-199K6735079308
200-299K354332710664
300-399K37121436289
400-499K12611673328
500K+15114973095
Total Working Age Population3,13333,70690,959
In Work Force2,36723,97162,698
Not In Work Force7669,73528,262
Workforce Employed2,26923,10360,338
Workforce Unemployed988512,219
Civlian Workforce2,36623,95462,557
Military Workforce117141
Total Households1,53316,38745,143
Family Households1,17811,68931,117
Non-Family Households3554,69814,026
Married Couple9999,41425,616
Other Family1792,2745,501
Married w/Child4694,13610,847
Single Male w/Child69421984
Single Female w/Child608852,110

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Kentucky4,041,769+74,339,367+44,533,464+44,726,382
Jefferson County693,604+7741,096+7790,010+6837,477
Shelby County33,337+2642,074+1949,988+1959,415
Oldham County46,178+3160,316+1569,419+1881,831

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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