WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Premier Redevelopment Site at Entrance to New Kroger Marketplace
Site contains 0.924+/- Acres
Located at Entrance of New $35 Million Kroger Marketplace
Tremendous Opportunity for Developers and Investors – Prime Location for QSR or Numerous Retail Concepts
Zoned HC (Highway Commercial) – Wide Variety of Allowable Uses
Located Less than 6 Miles from Northern Kentucky University (Enrollment: 15,370)
Existing Multi-Use Commercial Building Provides Income to Supplement Carrying Costs During Redevelopment (Current Monthly Income is $2,600)
Attractive Daily Traffic Count (22,769) with Potential for Significant Increase – Future Growth Anticipated
Excellent Ingress/Egress – Dual Access Points
Clear Title – No Back Taxes – No Liens – Title Insurance Available
Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed – Brokers Protected
Online Bidding Ends Nov. 19th at 4:00PM ET
Inspection: November 12th at 12:00pm ET
Property Address: 7857 Alexandria Pike, Alexandria, KY 41001
Tranzon Asset Advisors, Edward D. Durnil KY Auctioneer #259408/Broker #187998
10% Buyer's Premium and other terms apply.
Contact Jordan Conlee at 270-304-1282