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
