Century Plaza

Shopping Center for Lease
Catylist Listing ID: 30270846
Property Subtypes: Strip Center
Contiguous Space: 1,200 - 50,000 SF
Total Available: 117,114 SF
Gross Building Area: 85,000 SF
Gross Land Area: 14.30 Acres
Lease Rate: $4 - 10 PSF (Annual)
Base Monthly Rent: $1,000 - 25,000
Lease Types: Ground Lease, NNN
In Opportunity Zone? Yes
Building Name: Century Plaza
Last Updated: 4/10/2024

Overview / Comments

Leasing opportunities available at Century Plaza, a 85,000 SF recently renovated shopping center on 14.30 acres. Redevelopment opportunity for ground lease and a +/-0.37 AC outparcel for ground lease. Anchored by Dollar General and former Big Lots anchor space available. Area retailers include Lowe's, Home Depot and Walmart. Pylon signage available. Ample parking with 620 spaces. Excellent visibility and access from US 127 and within 1 mile of I-64. An average of 29,700 vehicles per day pass by the center. Strong demographic support with a population of 35,365 within a 5 mile radius and an average household income of $53,832. Landlord will provide standard white box to tenants, including drywall ready for paint, concrete ready for flooring, acoustical tile ceiling, lighting and restrooms. Competitive rates and flexible terms!

Attachments & Media

Expand All 10 Spaces Available

Suite: Major A (Former Big Lots) 30,000 SF $4 - 6 PSF (Annual) NNN
Suite: Major B 50,000 SF $6 PSF (Annual) Ground Lease
Suite: 1 8,450 SF $8 PSF (Annual) NNN
Suite: 10 1,400 SF $10 PSF (Annual) NNN
Suite: 12 5,000 SF $10 PSF (Annual) NNN
Suite: 2 3,200 SF $10 PSF (Annual) NNN
Suite: 3 7,864 SF $10 PSF (Annual) NNN
Suite: 4 4,000 SF $10 PSF (Annual) NNN
Suite: 7 6,000 SF $10 PSF (Annual) NNN
Suite: 8 1,200 SF $10 PSF (Annual) NNN

Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 061-00-00-072.00
Retail Clientele: General
Property Visibility: Good
Site Description: Century Plaza is located approximately 1 mile off of I-64 at Exit 53B in Frankfort, KY. The property is situated in a high traffic area on US 127, Frankfort's major retail corridor. Frankfort, the Capitol of the Commonwealth, is bisected by the Kentucky River and is the midway point between Kentucky' s two largest markets of Lexington and Louisville. Frankfort is 29 miles west of Lexington, 54 miles east of Louisville and 107 miles southwest of Cincinnati.
Area Description: Frankfort is home to Kentucky State University, a four year liberal arts college, with an enrollment of 2,400 students. Frankfort also has a Sports and Convention Center which seats 8,500 and attracts many concerts, sporting events and art exhibits to the city. The city of Frankfort has grown steadily, relying on state government, manufacturing and spirits distilling to provide a strong employment base.
Number of Stories: 1
Property Condition: Average

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,823 26,259 39,087
Median Age: 36.41 37.49 38.57
Households: 1,256 11,176 16,735


Photograph of Listing Agent

Paul Ray Smith

NAI Isaac KCREA Member
Photograph of Listing Agent

Jim Holbrook

NAI Isaac KCREA Member
Photograph of Listing Agent

Zach Smith

NAI Isaac KCREA Member
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