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181 KY-44
Shepherdsville, KY 40165
Asking Price
$1.57M
Cap Rate
7.5%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 7.50% CAP | 9,182 SqFt <ul><li>Crown Point Plaza is a 100% occupied multi-tenant retail strip center located in the heart of Shepherdsville's retail corridor</li><li>Existing leases in place provide stabilized income, while also presenting value add opportunities through NNN conversion and annual rental increases</li><li>The center is located on KY-44 near major retail users like Kroger, Walmart, Lowes, and more</li><li>The property provides a healthy tenant mix of national and local operators ranging from financi
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NOI
$80,000
Cap Rate
5.08%
DSCR
0.86
Underwater
Cash-on-Cash
-2.86%
Monthly Payment
$7,792.241
Annual Cash Flow
$-13,506.888
