Catylist ID: #30095169
Exceptional Retail Land Available
Vacant Land for Lease
|Catylist Listing ID:||30095169|
|Property Subtypes:||Retail, Retail-Pad|
|Gross Land Area:||4 Acres|
$100,000 - 120,000 Per Acre (Annual)
$2.30 - 2.75 PSF (Annual)
|Base Monthly Rent:||$33,333 - 40,000|
|Lease Types:||Ground Lease|
Overview / Comments
For sale or ground lease four exceptional acres of retail land available directly across from Somerset, KY’s brand new 120,000/SF Kroger Marketplace.
This retail land is an ideal site for users seeking highly visible Class A retail out parcel sites.
The site shares signalized access with Kroger’s main entrance and is centrally located directly on Somerset’s primary retail thoroughfare U.S. Highway 27 with 24,674 adt and growing.
Land is estimated to be pad ready in Q4 of 2017.
Attachments & Media
|Taxing Authority:||Pulaski County|
|Property Located Between:||Located directly on U.S. Highway 27. Located roughly 20 minutes from the Cumberland Parkway.|
|Largest Nearby Street:||U.S. Highway 27|
|Feet of Frontage:||500|
|Highway Access:||Located directly on U.S. Highway 27. Located roughly 20 minutes from the Cumberland Parkway.|
|Airports:||Somerset Airport, Lexington, KY Airport (1 Hr. Away)|
|Site Description:||This retail land available is one of the most desirable yet to be developed retail parcels along Somerset's primary retail thoroughfare U.S. Hwy 27. Positioned directly across the street from the main signalized entrance to the new Kroger Marketplace, this available land is the perfect site retailers and restaurants seeking highly visibly Class-A retail sites.v|
|Area Description:||Somerset located in south central Kentucky is situated on the northeastern edge of Lake Cumberland. Somerset is 76 miles south of Lexington, Kentucky; 129 northwest of Knoxville, Tennessee; and 128 miles southeast of Louisville, Kentucky. The city of Somerset covers a land area of 8 square miles and is located in Pulaski County. Pulaski County covers a land area of 653 square miles and has a population of 54,570. The city of Somerset serves as the primary retail shopping and restaurant market for those in Pulaski County and those tourists visiting Lake Cumberland.|
|Lot Frontage:||Up to 500'|
|Development Name:||Creekside Center|
|Easements Description:||See attached survey.|
|Available Utilities:||Electric, Water, Sewer, Cable, Internet Access|
|Proximity:||1 mile||3 miles||5 miles|
Steven P ShafferForm G Commercial Advisors LLC KCREA Member
Tim DoughertyForm G Commercial Advisors LLC KCREA Member
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