1868 Kentucky 192

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1868 Kentucky 192

London, KY 40744
Asking Price
$3.50M
Asset Type
Storefront Retail
Class
Class B

What's Special

36,029 SF | High-Traffic I-75 Location | Redevelopment or Entertainment Opportunity <p></p><ul><li>​Prime location just off I-75 Exit 38 with strong traffic counts</li><li>​36,029 SF commercial building on a large site</li><li>​Currently configured as an 8-screen cinema</li><li>​Flexible layout for retail, entertainment, office, or redevelopment</li><li>​167 parking spaces with multiple access points</li><li>​High visibility in one of London’s busiest retail corridors</li><li>​Surrounded by national retailers and restaurants</li><li>​Strong daily traffic counts (±48,000 VPD on

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times