Frankfort Retail Development — New Construction

Vacant Land for Lease
Catylist Listing ID: 30817357
Property Subtypes: Retail
Gross Land Area: 1,000 - 4,320 SF
Lease Rate: $23 PSF (Annual)
Base Monthly Rent: $1,916 - 8,280
Lease Types: NNN
Last Updated: 9/13/2022

Overview / Comments

We are pleased to present 1,000-4,320 SF of retail space available for lease in Frankfort, KY. With construction set to begin in November 2022, the new addition to Louisville Rd will allow early tenants flexibility on size and space configuration. Estimated delivery is spring of 2023.

The space is currently available to be pre-leased to a single tenant or multiple businesses prepared to occupy up to 4,320 SF.

There is potential for two drive-thrus, providing easy access to customers for numerous fast food entities, coffee shops, and more!

This portion of Louisville Road sees approximately ~9,500 VPD and benefits from hundreds of nearby residential rooftops. The development will resemble next door site with Jimmy John's, which is now 100% full.

HIGHLIGHTS
1,000-4,320 SF Available
Lease Rate - $23/sf/yr (NNN)
Potential for 2 Drive-Thrus
~9,500 VPD on Louisville Road
Strong residential support
Near Jimmy John's & OMG Donuts
Estimated delivery spring of 2023

Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 049-40-09-001.00
Zoning: COMMERCIAL
Area Description: As the capital of Kentucky, Frankfort welcomes its guests with amazing architecture, rich history and fantastic shopping. The downtown area has great restaurants and is also the location of the Convention Center. Frankfort offers 3 public high schools, and is the home to Kentucky State University. Frankfort's city limits are approximately 50 miles east of Louisville and 25 miles west of Lexington. Easily accessible to Interstate 64 and Interstate 75. Frankfort's centralized location positions our city between three major airports: Lexington Bluegrass Airport, 30 minutes; Louisville International Airport, 50 minutes; and Cincinnati/Northern Kentucky International Airport, 1 hour 15 minutes.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,402 24,212 42,015
Median Age: 42.93 36.82 39.25
Households: 2,496 10,399 17,787
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