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Limestone Centre

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Property Type: Retail Secondary Type: Investment
Status: Existing Total Square Feet: 85,000 +/-
Site Size: 9.30 Acres Parking: 450
Sale Or Lease: Sale Occupancy: 95%
Tenants: Elder Beerman, Fit 4 Life Clear Height: 20'-24'
Signage: Monument Sale Price: $5,500,000
Cap Rate: 9%
Property Description:
Limestone Centre is a multi tenant shopping center consisting of 3 units spanning approximately 85,000 SF. Elder Beerman is the anchor tenant, with newly leased "Fit 4 Life" gym occupying 26,220 +/-SF next door. There is a 4,800 SF end cap that remains vacant. The site size is 9.3 Acres, and contains 450 parking space. The traffic count along Limestone street is 18,689 cars daily, and 28,589 cars for Lawrenceburg road; the main traffic corridor, from which Limestone Centre is visible. The subject property sits directly next to a large Kroger Development containing several big box retailers. Financials for the center can be provided upon execution of a confidentiality agreement
Location Description:
200 Limestone street is located just 2.5 Miles from the I-64 on/off ramp. The traffic count along Limestone Street is 18,689 cars daily, and 28,589 cars for Lawrenceburg road; the main traffic corridor that provides interstate access. Limestone Centre and its monument signage are visible from Lawrenceburg Road.

For More Information Contact:

Stephen Bean, CCIM, SIOR
Haymaker/Bean Commercial Real Estate
3120 Wall St, Suite 300
Lexington, KY 40513
Phone: 859.685.3027

Charlie Must,
Haymaker/Bean Commercial Real Estate
3120 Wall St, Suite 300
Lexington, KY 40513
Phone: 859-685-3039

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