2047 Merchant Drive Outparcels for Lease

Vacant Land for Lease
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

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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.