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Address: 833-847 Eastern Bypass • Madison County • Richmond, Kentucky • 40475
Total Sq Ft: 134,701 SF
Description: Stabilized Community Shopping Center in County Seat, College Town Location
Carriage Gate is a newly renovated and repositioned Class B+ community shopping center anchored by Hobby Lobby, Dunham’s Sports,Office Depot, Dollar Tree and Cato. These anchors, as well as the value oriented shop tenants in the center, create consistent consumer traffic due to the destination nature of each tenant. Ideally located at the center of a well-established commercial corridor, Carriage Gate is a stabilized, low risk cash flow investment with a diverse tenant roster of nationally well known and strong credit quality tenants. Priced well below replacement costs, the center offers the ultimate investor an extremely attractive equity yield opportunity. Richmond, Kentucky is the county seat of Madison County, Kentucky and is the home of Eastern Kentucky University.
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