402 W Lincoln Trail Boulevard is aretail property for lease in Radcliff, KY.
This retail investment, commercial building is located in the heart of Radcliff. Two long time tenants occupy two of the three sections. The third is currently being marketed for lease. This building has been well maintained and shows very well.
The current income is as follows:
Unit 1 (front): $1,000 / month, in since June, currently on a 1 year lease
Unit 2 (middle) $500 / month, tenant for the last 5 years, on a 1 year lease
Unit 3 (rear) Vacant, advertised as $650 / month
Fully Occupied, it would bring in $2,150 / month or $25,800 / year
Strong potential for increased rents and their is an unused 2nd floor that could be an office or turned into an apartment.
Each unit is metered separately except for water.
• Tremendous Commercial//Retail Investment
• Increased revenue potential
• Plenty of parking
• Great location in the heart of Radcliff