Catylist ID:
#30649097
Lease / Build-To-Suit / Sale (Southgate / Mud Lane / Preston Corridor)
Vacant Land
for Lease
Also listed as Shopping Center
| Catylist Listing ID: | 30649097 |
| Property Subtypes: | Retail, Retail-Pad |
| Gross Land Area: | 0.96 Acres |
| Lease Rate: |
$50,000 (Annual) $1.20 PSF (Annual) |
| Base Monthly Rent: | $4,166 |
| Lease Types: | NNN |
| Land Splits Available: | Yes |
| Last Updated: | 4/1/2024 |
Overview / Comments
|
This .96 acre site sits adjacent to Chili's Restaurant. Owner is open to all options, including development of a 6,000 sf retail center, ground lease, build-to-suit, and possible outright sale of the property. All users will be subject to the owner's approval. Some type of limited cross-parking agreement will be required with the adjacent Chili’s Restaurant. Available for sale is a .96 acre ± lot zoned C-1. It is a vacant site primed for retail, medical or office development (sale, ground lease, build-to-suit, development). This highly-visible lot is strategically located in front of Commerce Crossing, a 240-acre business park. The site is located off Preston Highway in a vibrant, developing neighborhood alongside a 312 Class-A apartment complex and the proposed Apex Center, a 14,000 SF retail center. The surrounding area is home to many big box retailers, including Kroger, Walmart, Kohl's, Lowe's and numerous national and regional retailers such as Shell, Wendy's, Zaxby's, Culver's, Verizon, AT&T and more. The site offers great visibility to over 34,000 vehicles per day along Preston Highway and boasts great immediate residential growth potential with a 1.58% annual population growth rate within a 1-mile radius. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 3514006B0000 |
| Zoning: | C-1 - Commercial District |
| Property Visibility: | Good |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 11,184 | 62,398 | 135,568 |
| Median Age: | 34.2 | 37.04 | 37.48 |
| Households: | 4,124 | 23,925 | 52,871 |
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