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    FOR LEASE
    Strip malls

    401 Outlet Center Dr Georgetown, KY 40324

    118,612 SF 8.78 ac lot Built 1990
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US34-1599453
    401 Outlet Center Dr, Georgetown, KY 40324 For Lease 1 / 27
    $10 SF/Yr 9,420 SF available
    401 Outlet Center Dr, Georgetown, KY 40324
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    Property summary
    AI-generated overview

    This exceptional 118,612 square foot shopping center, situated on an expansive 18-acre lot in Georgetown, Kentucky, presents a unique investment opportunity. Located at 401 Outlet Center Dr, zip code 40324, the property boasts a B-2 zoning designation and is identified by APN 166-30-375.000 in Scott County. Currently undergoing a complete renovation, Georgetown Village offers high visibility with prominent I-75 signage in one of Kentucky's fastest-growing cities. The center features multiple tenancies, with two immediately available spaces ranging from 3,477 to 10,345 square feet, ideal for a variety of retail uses. The property's substantial size and prime location within the Georgetown submarket make it an attractive prospect for businesses seeking to establish or expand their presence in this thriving community. The renovation promises a modern and updated shopping experience, attracting a diverse customer base. This is a chance to be part of a revitalized retail center in a dynamic Kentucky market. The property's strategic location and ongoing improvements position it for significant future growth and return on investment. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1990
    Total area 118,612 SF
    Lot 8.78 ac (382,457 SF)
    APN 190-10-111.000
    UPID US34-1599453
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cable Development Consulting, Inc. Telecommunications Service General Contractor
    • Theatres of Georgetown Cinema Theater & Performing Art Venue
    • Central Purrk Cat Cafe Cafe & Coffee Shop
    • Red Hen Theatre Company Theater & Performing Art Venue
    • Hair Rock Salon Hair Salon Nail Salon
    5 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.56M
    Owner & transaction history
    28321 South Tamiami Trail LLC · 8 yrs held
    28321 South Tamiami Trail LLC
    since 2018
    3 recorded transactions
    2022
    Price N/A
    2019
    Price N/A
    2018
    $4.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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