Hazard Plaza Listing Details & Market Data

110-124 Corporate Drive, Hazard, KY 41701

  • For Sale $3,100,000
  • Property Type Retail - Strip
  • Property Size 29,000 SF
  • Lot Size 2.34 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 19, 2024
110-124 Corporate Drive±29,000 SF multi-building retail complex along KY-80, Kentucky’s longest highway that stretches from the Mississippi River to the Virginia border Located in the regions retail corridor, neighboring businesses include Lowe’s Home Improvement, Walmart, Holiday Inn Suites, and various automotive dealerships; providing ample consumer traffic Currently fully occupied, the property boasts a strong historical occupancy showcasing the properties viability and market demand Value-add component through rent adjustments to market rates and converting gross leases to NNN New roofs installed on buildings 110 & 124 last year; Transferrable roof warranties NOI ±$247,000 at ±100% occupancy

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Attachments

Highlights

  • ±29,000 SF multi-building retail complex along KY-80, Kentucky’s longest highway that stretches from the Mississippi River to the Virginia border
  • Located in the regions retail corridor, neighboring businesses include Lowe’s Home Improvement, Walmart, Holiday Inn Suites, and various automotive dealerships; providing ample consumer traffic
  • Currently fully occupied, the property boasts a strong historical occupancy showcasing the properties viability and market demand
  • Value-add component through rent adjustments to market rates and converting gross leases to NNN
  • New roofs installed on buildings 110 & 124 last year; Transferrable roof warranties
  • NOI ±$247,000 at ±100% occupancy

Contacts

broker

Josh Miller

Friedman Real Estate

(248) 324-2000

Location

Getting Around

  • Walk Score ®

    Car-Dependent (38)

  • Bike Score ®

    Somewhat Bikeable (11)
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  • City Hazard, KY
  • Zip Code 41701

Points of Interest

  • Shell

    0.87 miles

  • Marathon

    0.93 miles

  • Valero

    1.88 miles

  • Exxon

    1.94 miles

  • Shell

    3.61 miles

  • Parking Garage

    3.23 miles

  • McDonald's

    0.54 miles

  • La Pena

    0.91 miles

  • Applebee's

    0.98 miles

  • Taco Bell

    1.01 miles

  • Captain D's

    1.05 miles

  • Little Caesars

    1.12 miles

  • KFC

    2.44 miles

  • McDonald's

    2.45 miles

  • Dairy Queen

    2.91 miles

  • Taco Bell

    2.97 miles

  • Walmart Supercenter

    0.39 miles

  • Save-A-Lot

    0.55 miles

  • Food City

    1.04 miles

  • Save-A-Lot

    2.53 miles

Contact Listing Broker

broker

Josh Miller

Friedman Real Estate

(248) 324-2000