Catylist ID:
#30291964
Catylist Listing ID: | 30291964 |
Property Subtypes: | Retail |
Gross Land Area: | 1.75 - 1.77 Acres |
Lease Rate: |
$80,000 - 85,000 Per Acre (Annual) $1.84 - 1.95 PSF (Annual) |
Lease Types: | Absolute NNN |
Land Splits Available: | Yes |
Adjacent Parcels Available: | Yes |
Last Updated: | 5/6/2024 |
Overview / Comments
Merchant Place is located directly off the Robert Martin Bypass at Four Mile Rd in Richmond Ky. It consists of 52.6 acres, approx. 500,000 SF, anchored by Kohl’s. Outlots and in-line space are available. Rates are subject to build to suit and/or subdivision details and there is flexibility on the lot size offerings. Property Highlights: - Located off Richmond Bypass between Merrick Road and Four Mile Road, approximately 20 minutes south of Lexington - Kohl's Department Store anchored site with outparcels available for ground lease - Located in the growth corridor of Richmond, surrounded by homes in every direction - 600+ new homes recently constructed directly adjacent to the site Out Parcel #2 – 1.772 acres Available for Ground Lease - $80,000/acre/year. Out Parcel #5 - 1.755 acres Available Ground Lease - $85,000/acre/year. |
Attachments & Media
Additional Details
Nearest MSA: | Richmond-Berea |
County: | Madison |
Tax ID/APN: | 0068-008E-0002 |
Zoning: | B-3 |
Property Located Between: | Four Mile Rd and Robert Martin Bypass |
Property Visibility: | Excellent |
Largest Nearby Street: | Robert Martin Bypass |
Traffic/Vehicle Count: | 22,073 |
Highway Access: | Robert Martin Bypass |
Area Description: | Located in the growth corridor of Richmond, KY surrounded by residential and commercial development. Average Daily Traffic Count is approximately 22,073. |
Zoning Description: | B-3 |
Development Name: | Merchant Place |
Available Utilities: | Electric, Water, Gas, Sewer |
Water Service: | Municipal |
Sewer Type: | Municipal, Storm |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 6,833 | 35,189 | 43,274 |
Median Age: | 32.09 | 31.34 | 33.16 |
Households: | 2,970 | 13,942 | 16,942 |
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |