Catylist ID:
#30291964
| Catylist Listing ID: | 30291964 |
| Property Subtypes: | Retail |
| Gross Land Area: | 0.50 - 1.75 Acres |
| Lease Rate: |
$80,000 Per Acre (Annual) $1.84 PSF (Annual) |
| Base Monthly Rent: | $3,333 - 11,666 |
| Lease Types: | Absolute NNN |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Last Updated: | 9/5/2023 |
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 500,000sf, 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. Lot #1 - 4.64 acres For Sale - $250,000/acre Lot # 3 - 7.97 acres For Sale $300,000/acre Out Parcel #2 – 1.772 Acres Under Contract, Car Wash Out Parcel #3 – 0.91 Acres Sold July 2023- Popeye's Louisiana Chicken coming soon! Out Parcel #4 – .5 acres Under Contract, National QSR with Drive through Out Parcel #5 - 1.755 acres, can be subdivided to suit Available for Sale, Ground Lease, Build to Suit Ground Lease rate apprx $80,000/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 |
| 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 |
| 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. |
