Free-Standing Retail with
100 Lawrence Ln Shepherdsville, KY 40165
100 Lawrence Ln, Shepherdsville, KY, 40165
$970,000
For Sale
$970,000
Recently built 2017 retail building with drive-thru and street visibility, currently split into two units.
Property Size3,083 SF
Price / SF$314.63
Days on Market225
Property Features for 100 Lawrence Ln
General Information
- Standard status
- Active
- Size
- 3,083 SF
Listing Agency
eXp Commercial LLC
(502) 640-3622
Listed by
Sam Griffin, CCIM, CBI, NACREP · License #207824
(502) 640-3622
Source
Expcommercial
Added: Dec 5, 2025 Checked: Jul 18 at 1:31 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial LLC
Investment Insights
Based on property information with market context.
A free-standing retail building totaling 3,083 SF, recently built in 2017. The property includes a drive-thru and is currently configured as two units, with flexibility to convert into a single larger space. Three-phase electric service is available (200 amp; 120/208v). The building is offered vacant or partially leased.
Located in Shepherdsville’s primary retail corridor and shadow-anchored by Kroger, the property sits minutes from I-65. It is visible from E 4th St and benefits from documented traffic counts of 12,434 AADT (KYTC).
This asset provides a standalone identity with an operational drive-thru feature, making it a strong fit for owner-users or investors seeking a versatile retail footprint.
Located in Shepherdsville’s primary retail corridor and shadow-anchored by Kroger, the property sits minutes from I-65. It is visible from E 4th St and benefits from documented traffic counts of 12,434 AADT (KYTC).
This asset provides a standalone identity with an operational drive-thru feature, making it a strong fit for owner-users or investors seeking a versatile retail footprint.
Key Highlights
- 3,083 SF free‑standing retail building in Shepherdsville’s primary retail corridor
- Shadow‑anchored by Kroger and minutes from I‑65, with visibility from E 4th St
- Drive‑thru available for QSR or other service concepts
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.8k | $16.80 |
| − Vacancy | −$3.6k | −$1.18 |
| EGI | $48.2k | $15.62 |
| − OpEx | −$12.0k | −$3.91 |
| NOI | $36.1k | $11.72 |
3,083 SF · lease $16.80/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$516.1K
$451.6K – $602.1K
NOI $36,127 @ 7.0% cap · market cap 3.72%
Second Best
Retail
$440.1K
$385.1K – $513.4K
NOI $30,805 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$649.9K
$568.7K – $758.3K
NOI $45,496 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Up-N-Smoke
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Recently built 2017 retail building with drive-thru and street visibility, currently split into two units.
Where is this retail space located?
The property is located at 100 Lawrence Ln Shepherdsville, KY.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: 3,083 SF free‑standing retail building in Shepherdsville’s primary retail corridor; Shadow‑anchored by Kroger and minutes from I‑65, with visibility from E 4th St; Drive‑thru available for QSR or other service concepts
