Retail Ground Lease
For Sale
Contact for pricing
10221 Scottsville Rd, Glasgow, KY 42141
Retail property with a newly executed long-term lease and scheduled 5-year rent increases.
Property Size9,100 SF
Price / SF$188.35
Days on Market53
Property Features for 10221 Scottsville Rd
General Information
Standard status
Active
Size
9,100 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | Detroit
(586) 549-4260
Listed By:
Michael Carter · License #6501369793
(586) 549-4260
Source:
Moodyscre
Added: Jul 1
Changed: Aug 13
Last Checked: Aug 21 at 12:42PM
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 SRS Real Estate Partners | Detroit
Investment Insights
Based on property information with market context.
This offering is a retail ground lease opportunity featuring a newly signed 15-year lease with five (5-year) extension options. The lease includes 5% rental increases every five years during the initial term and at the start of each option period, providing scheduled rent step-ups. The site is planned to feature a state-of-the-art design with high-quality materials.
The property is located at 10221 Scottsville Rd in Glasgow, KY 42141. The provided information does not specify additional details such as frontage, ingress/egress, or surrounding tenants.
For buyers and investors seeking a long-dated, contract-backed retail position, the structure of the lease is the primary differentiator: a new initial term with multiple extension options and predictable rent escalations at defined intervals. For operators, the planned site design and finish level should align with retailers that want a durable, higher-quality presentation, subject to final development execution as described.
The property is located at 10221 Scottsville Rd in Glasgow, KY 42141. The provided information does not specify additional details such as frontage, ingress/egress, or surrounding tenants.
For buyers and investors seeking a long-dated, contract-backed retail position, the structure of the lease is the primary differentiator: a new initial term with multiple extension options and predictable rent escalations at defined intervals. For operators, the planned site design and finish level should align with retailers that want a durable, higher-quality presentation, subject to final development execution as described.
Key Highlights
- Tenant recently signed a new 15‑year lease with 5 (5‑year) extension options
- Lease includes 5% rental increases every five years during the initial term and at the start of each option
- State‑of‑the‑art design with high‑quality materials for the site
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 42141, KY
32,207
Population
14,385
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
268.5 sq mi
ZIP Area
120
Density / Sq Mi
$51,188
Median Household Income
$35,094
Median Earnings
$833
Median Rent
$170,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property with a newly executed long-term lease and scheduled 5-year rent increases.
Where is this retail space located?
The property is located at 10221 Scottsville Rd Glasgow, KY.
What is the asking price?
The asking price for this property is $1,714,000.
What are key features of this property?
This property features: Tenant recently signed a new 15‑year lease with 5 (5‑year) extension options; Lease includes 5% rental increases every five years during the initial term and at the start of each option; State‑of‑the‑art design with high‑quality materials for the site
