State Street- LAND LEASE

Vacant Land for Lease
Catylist Listing ID: 29947497
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 0.77 - 1 Acres
Lease Rate: $90,000 Per Acre (Annual)
$2.07 PSF (Annual)
Base Monthly Rent: $5,774 - 7,500
Lease Types: Ground Lease
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Last Updated: 10/18/2017

Overview / Comments

LAND LEASE ONLY!!! This site as it is consist of 3 parcels. 2116, 2118 and 2120 State Street. The adjoining property toward the rear of the parcels could possibly be incorporated to make for a larger lot with the owners review of your proposed plan. The site is on State Street is the hottest and most sought retail interest in Southern Indiana.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Floyd
Tax ID/APN: 22-05-02-700-362.000-008
Property Located Between: I-265 and Green Valley Rd
Property Visibility: Excellent
Legal Description: P. 84 51' X 150' L. 21-22; 27-2-6 TIF
Largest Nearby Street: I-265
Feet of Frontage: 150
Highway Access: Immediate to I-265, I-64 and I-65 all avenues just 5 minutes from Louisville KY
Airports: Clark County and Louisville International Airport
Site Description: Between 2 national brands and near hospitals, medical professional offices, retail, restaurants, home improvement, major department stores, grocery and service businesses.
Area Description: New Albany is a river town across form Louisville KY. A thriving Downtown and plenty of action along State Street as more property was recently purchased for a new mixed use development and more retail brands. The Kroger is about to become a Super Kroger.
Lot Frontage: 150
Zoning Description: C1-b Small to medium general business
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,545 54,292 148,408
Median Age: 35.32 37.65 37.43
Households: 3,657 22,432 60,737
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